NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — HCA Healthcare Inc. (HCA) on Tuesday reported fourth-quarter profit of $1.88 billion.
The Nashville, Tennessee-based company said it had net income of $8.14 per share. Earnings, adjusted for non-recurring gains, were $8.01 per share.
The results exceeded Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $7.36 per share.
The hospital operator posted revenue of $19.51 billion in the period, falling short of Street forecasts. Eleven analysts surveyed by Zacks expected $19.64 billion.
For the year, the company reported profit of $6.78 billion, or $28.33 per share. Revenue was reported as $75.6 billion.
HCA expects full-year earnings to be $29.10 to $31.50 per share, with revenue in the range of $76.5 billion to $80 billion.
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