HCA: Q4 Earnings Snapshot

Associated Press Finance
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NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — HCA Healthcare Inc. (HCA) on Tuesday reported fourth-quarter earnings of $1.61 billion.

The Nashville, Tennessee-based company said it had profit of $5.93 per share. Earnings, adjusted for non-recurring gains, were $5.90 per share.

The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $5.05 per share.

The hospital operator posted revenue of $17.3 billion in the period, also beating Street forecasts. Nine analysts surveyed by Zacks expected $16.55 billion.

For the year, the company reported profit of $5.24 billion, or $18.97 per share. Revenue was reported as $64.97 billion.

HCA expects full-year earnings to be $19.70 to $21.20 per share, with revenue in the range of $67.75 billion to $70.25 billion.

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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

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