HCA Preliminary Earnings Top Analysts’ Estimates on Admissions
HCA Holdings Inc. (HCA), the largest for-profit U.S. hospital chain, released preliminary third-quarter earnings that beat analysts’ estimates on an increase in patient admissions.
Adjusted profit was 79 cents a share, the Nashville, Tennessee-based company said today in a statement. Revenue was about $8.46 billion as same facility admissions increased 0.7 percent for the third quarter. The average estimate of analysts surveyed by Bloomberg was for profit of 71 cents and sales of $8.37 billion.
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