HCA Healthcare Exceeds First-Quarter Profit Estimates Amid Strong Medical Care Demand
HCA Healthcare reported first-quarter adjusted earnings of $7.15 per share, surpassing analysts' estimates of $7.14 per share, driven by strong demand for non-urgent medical procedures. However, the company noted a decline in respiratory-related admissions and emergency room visits, which impacted overall volume. Shares fell 7.6% in premarket trading.
Tickers: $HCA
Topics: Earnings Beat Hospital Industry Medical Care Demand Profit Estimates Stock Price Movement