News Formal

Hospital Owner HCA Tumbles on Earnings Miss. Costs Were the Issue.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

España Noticias Noticias

España Últimas Noticias,España Titulares

The report came on what was otherwise a bright morning for the healthcare sector, which has been significantly beaten down this year.

Shares of HCA Healthcare dropped 6.9% Tuesday morning as costs offset unexpectedly strong revenue, leaving earnings lower than expected.

For HCA , things were gloomier. The company’s earnings came in below expectations, even as revenue was higher than expected, because of what appeared to be higher-than-expected doctor expenses. The company reported earnings of $3.91 per diluted share, below the consensus call for $3.98, and down from the $3.93 the hospital chain reported last year.

HCA cut its full-year guidance, saying it now expects diluted earnings of $17.80 to $18.50 per share, down from its prior estimate for $17.70 to $18.90. The company cut its forecast for adjusted Ebitda to between $12.3 billion and $12.6 billion, from $12.3 billion to $12.8 billion.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 3. in ES

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

FMC Stock Tumbles on Revenue Warning Ahead of EarningsThe crop protection company cited lower sales in Latin America as a reason for lowering estimates.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »