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HCA - HCA Healthcare Inc News Story

$208.27 0.4  0.2%

Last Trade - 2:35pm

Sector
Healthcare
Size
Large Cap
Market Cap £50.37bn
Enterprise Value £73.59bn
Revenue £37.87bn
Position in Universe 182nd / 6849

BUZZ-HCA Healthcare: Hits record high on 2021 forecast raise, Q1 revenue beat

Thu 22nd April, 2021 6:24pm
** Shares of hospital operator  HCA.N  jump 2.6% to hit a
record high of $202.7
    ** HCA raises its 2021 earnings/shr outlook to between
$13.30 and $14.30 from $12.10 to $13.10  urn:newsml:reuters.com:*:nBw8h75lga
    ** Reports Q1 rev. of $13.98 bln, beating Refinitiv IBES
estimate of $13.64 bln
    ** Strong Q1 performance driven by high volumes of severely
ill inpatients coupled with rebound in outpatient volumes and
surgical procedures in March - HCA
    ** March trends are continuing into April, with inpatient
revenues increasing by 12%, co says during post-earnings
conference call
    ** Says throughout Q1, percentage of COVID-19 patients
admitted to total patient admitted declined 
    ** HCA up 20.1% this year, as of last close

 (Reporting by Amruta Khandekar)
 ((Amruta.Khandekar@thomsonreuters.com;))
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