HCA Healthcare (HCA) Q4 Earnings Beat Estimates, Rise Y/Y
HCA Healthcare, Inc. HCA reported fourth-quarter 2019 adjusted earnings of $3.09 per share, surpassing the Zacks Consensus Estimate by 0.9%. Moreover, the bottom line inched up 3.3% year over year on the back of higher revenues and increased admissions.
Quarterly Details
HCA Healthcare generated revenues of $13.5 billion, beating the Zacks Consensus Estimate by 1.6%. The top line was also up 10.2% from the year-ago period.
Same facility equivalent admissions increased 5% year over year while same facility admissions rose 4.7%. Same facility revenue per equivalent admission also grew 1.1% year over year.
Salaries and benefits, supplies and other operating expenses increased 10.6 % year over year to $10.8 billion.
Adjusted EBITDA totaled $2.7 billion, up 9.2% year over year.
As of Dec 31, 2019, HCA Healthcare operated 184 hospitals.
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https://finance.yahoo.com/news/hca-healt...03225.html
HCA Healthcare, Inc. HCA reported fourth-quarter 2019 adjusted earnings of $3.09 per share, surpassing the Zacks Consensus Estimate by 0.9%. Moreover, the bottom line inched up 3.3% year over year on the back of higher revenues and increased admissions.
Quarterly Details
HCA Healthcare generated revenues of $13.5 billion, beating the Zacks Consensus Estimate by 1.6%. The top line was also up 10.2% from the year-ago period.
Same facility equivalent admissions increased 5% year over year while same facility admissions rose 4.7%. Same facility revenue per equivalent admission also grew 1.1% year over year.
Salaries and benefits, supplies and other operating expenses increased 10.6 % year over year to $10.8 billion.
Adjusted EBITDA totaled $2.7 billion, up 9.2% year over year.
As of Dec 31, 2019, HCA Healthcare operated 184 hospitals.
...
https://finance.yahoo.com/news/hca-healt...03225.html
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