HCA Healthcare Misses EPS, Revenue Up

HCA Healthcare (NYSE:HCA), an operator of healthcare facilities, released its fourth-quarter earnings for the year 2024 on January 24. In the report, it revealed a revenue total of $18.285 billion, surpassing analyst estimates of $18.234 billion. However, the diluted earnings per share (EPS) were $5.63, which missed the expected $6.13. Notably, the quarter was challenging due to revenue losses linked to Hurricanes Helene and Milton. Despite these challenges, the company demonstrated solid operational growth, although impacted by labor cost pressures and natural disasters.

Source: Analyst estimates for the quarter provided by FactSet.

HCA Healthcare is a major player in the American healthcare sector, operating numerous hospitals and outpatient centers. With roots dating back decades, it has expanded to provide a variety of healthcare services across the United States and substantial operations in England. Its key competitive advantages lie in revenue diversification, strong market positioning, and strategic expansions.

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Source Fool.com