NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — HCA Healthcare Inc. (HCA) on Friday reported first-quarter profit of $1.59 billion.
The Nashville, Tennessee-based company said it had net income of $5.93 per share. Earnings, adjusted for non-recurring gains, were $5.36 per share.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $5.01 per share.
The hospital operator posted revenue of $17.34 billion in the period, also exceeding Street forecasts. Nine analysts surveyed by Zacks expected $16.84 billion.
HCA expects full-year earnings in the range of $19.70 to $21.20 per share.
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