HCA Holdings Reports Q1 Revenue Miss

By Emma CourtMarketsMarketWatch Pulse

HCA Holdings Inc. reported a first-quarter revenue miss early Tuesday. Earnings for the latest quarter declined to $659 million, or $1.74 per share, from $694 million, or $1.69 per share in the year-earlier period. EPS included 2 cents per diluted share in legal claim costs, the company said, compared with the FactSet consensus of $1.76 per share. Revenue rose to $10.62 billion from $10.26 billion, compared with the FactSet consensus of $10.69 billion. The company reaffirmed its 2017 guidance of $43 billion to $44 billion in revenue and $7.20 per share to $7.60 per share in EPS, compared with the FactSet consensus of $43.26 billion and $7.35 per share, respectively. HCA Holdings shares were not yet active in premarket trade. Shares have risen 1.9% over the last three months, compared with a 4.7% rise in the S&P 500 .

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