All posts from Zacks
Zacks in Our Research. Your Success.,

HCA Healthcare (HCA) Q3 Earnings, Revenues Meet Estimates

Have you been eager to see how HCA Healthcare, Inc. HCA performed in Q3 in comparison with the market expectations?

Let’s quickly scan through the key facts from this leading hospital company’s earnings release this morning.

Earnings Meet Estimates

HCA Healthcare came out with adjusted earnings per share of $1.21, in line with the Zacks Consensus Estimate. Earnings declined nearly 25% year over year.

HCA Holdings, Inc. Price and EPS Surprise

How Was the Estimate Revision Trend?

You should note that the earnings estimate for HCA Healthcare depicted neutral stance prior to the earnings release. The Zacks Consensus Estimate remained unchanged at $1.21 per share over the last 7 days.

HCA Healthcare has a decent earnings surprise history.

Overall, the company surpassed the Zacks Consensus Estimate by an average of nearly 3.58% in the trailing four quarters.

Revenue In Line

HCA Healthcare posted revenues of $10.67 billion, almost inline with Zacks Consensus Estimate. The reported figure was up from 4.2% from the year-ago quarter.

Key Stats to Note

Adjusted EBITDA totaled $1.8 billion up 9.2% year over year.

Same facility equivalent admissions increased 0.3% year over year, while same facility admissions increased 0.6%. Same facility revenue per equivalent admission increased 2%.

Expenses increased 6.5% year over year to $9.9 billion.

As of Sep 30, 2017, HCA Healthcare operated 177 hospitals and 119 freestanding surgery centers.

The board of directors has approved an additional share repurchase program for up to $2 billion.


The expects 2017 revenues in the range of $43 billion -$44 billion, adjusted EBIDTA of $ 8–$8.2 billion, EPS of $6.45–$6.70 and capital expenditures of about $3 billion.

What Zacks Rank Says

HCA Healthcare carries a Zacks Rank #5 (Strong Sell). However, since the latest earnings performance is yet to be reflected in the estimate revisions, the rank is subject to change.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Check back later for our full write up on this HCA Healthcare earnings report!

Wall Street’s Next Amazon

Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.

Click for details >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
HCA Holdings, Inc. (HCA): Free Stock Analysis Report
To read this article on click here.
Zacks Investment Research