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HCA: 1Q Earnings Snapshot

NASHVILLE, Tenn. (AP) _ HCA Holdings Inc. (HCA) on Tuesday reported first-quarter profit of $1.04 billion.

On a per-share basis, the Nashville, Tennessee-based company said it had profit of $2.97.

The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $2.31 per share.

The hospital operator posted revenue of $12.52 billion in the period, also topping Street forecasts. Eleven analysts surveyed by Zacks expected $12.31 billion.

HCA expects full-year earnings to be $9.80 to $10.40 per share, with revenue in the range of $50.5 billion to $51.5 billion.

HCA shares have climbed slightly since the beginning of the year. The stock has increased 30% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HCA at https://www.zacks.com/ap/HCA