HCA Healthcare, Inc. Q3 Profit Climbs, But Misses Estimates

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Source: Business Insider
Date: October 25, 2024

HCA Healthcare, Inc. (HCA) released earnings for its third quarter that increased from last year but missed the Street estimates.

The company's earnings came in at $1.270 billion, or $4.88 per share. This compares with $1.079 billion, or $3.91 per share, in last year's third quarter.

Analysts on average had expected the company to earn $4.97 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.9% to $17.487 billion from $16.213 billion last year.

HCA Healthcare, Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $1.270 Bln. vs. $1.079 Bln. last year. -EPS (Q3): $4.88 vs. $3.91 last year. -Revenue (Q3): $17.487 Bln vs. $16.213 Bln last year.