HCA Holdings posts 4Q profit, results top Street expectations

HCA Holdings Inc. (HCA) on Tuesday reported fourth-quarter profit of $527 million.

On a per-share basis, the Nashville, Tennessee-based company said it had profit of $1.19. Earnings, adjusted for one-time gains and costs, were $1.33 per share.

The results surpassed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share.

The hospital operator posted revenue of $9.64 billion in the period, also surpassing Street forecasts. Analysts expected $9.62 billion, according to Zacks.

For the year, the company reported profit of $1.88 billion, or $4.16 per share. Revenue was reported as $36.92 billion.

HCA expects full-year earnings in the range of $4.55 to $4.95 per share, with revenue in the range of $38.5 billion to $39.5 billion.

HCA shares have decreased slightly more than 4 percent since the beginning of the year. The stock has climbed 40 percent 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 http://www.zacks.com/ap/HCA


Keywords: HCA Holdings, Earnings Report