HCA Healthcare Inc. HCA reported better-than-expected earnings for its fourth quarter on Friday.
HCA released Q4 and Full-Year FY24 earnings on Friday, January 24th beating consensus for both EPS and Revenue. Along with a strong core business, industry tailwinds are accelerating, driving greater revenue potential and mitigating cost-growth. At a DCF-generated price target of $437, 41% upside from today's pricing, I raise my rating from buy to strong buy.
HCA's Q4 results benefit from improved equivalent admissions and inpatient surgeries, partly offset by the impact of hurricanes and higher salaries and benefits expenses.
HCA Healthcare, Inc. (NYSE:HCA ) Q4 2024 Earnings Conference Call January 24, 2025 10:00 AM ET Company Participants Frank Morgan - Vice President of Investor Relations Sam Hazen - Chief Executive Officer Mike Marks - Chief Financial Officer Conference Call Participants Pito Chickering - Deutsche Bank A.J. Rice - UBS Whit Mayo - Leerink Partners Ben Hendrix - RBC Capital Markets Ann Hynes - Mizuho Securities Andrew Mok - Barclays Joanna Gajuk - Bank of America Matthew Gillmor - KeyBanc Meghan Holtz - Jefferies Scott Fidel - Stephens Sarah James - Cantor Fitzgerald Jamie Perse - Goldman Sachs Ryan Langston - TD Cowen Steve Baxter - Wells Fargo Joshua Raskin - Nephron Research Lance Wilkes - Bernstein Ben Rossi - JPMorgan Operator Thank you for standing by.
HCA Healthcare (HCA -4.08%), 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.
Although the revenue and EPS for HCA (HCA) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
HCA Healthcare (HCA) came out with quarterly earnings of $6.22 per share, beating the Zacks Consensus Estimate of $5.97 per share. This compares to earnings of $5.90 per share a year ago.
HCA Healthcare on Friday forecast 2025 profit above estimates, expecting elevated demand for medical procedures and lower costs.
Company books another 60 cents-a-share in losses from damage caused by last year's hurricanes.
HCA Healthcare, Inc. HCA will release earnings results for its fourth quarter, before the opening bell on Friday, Jan. 24, 2025.
HCA's fourth-quarter results are expected to benefit from rising admissions and patient days. However, increasing expenses are a concern.
Evaluate the expected performance of HCA (HCA) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.