NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — HCA Healthcare Inc. (HCA) on Friday reported first-quarter profit of $1.36 billion.
The Nashville, Tennessee-based company said it had profit of $4.85 per share. Earnings, adjusted for non-recurring costs, came to $4.93 per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.99 per share.
The hospital operator posted revenue of $15.59 billion in the period, also exceeding Street forecasts. Nine analysts surveyed by Zacks expected $15.29 billion.
HCA expects full-year earnings to be $17.25 to $18.55 per share, with revenue in the range of $62.5 billion to $64.5 billion.
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