Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Vandana Singh

HCA Healthcare Q4 Earnings Lag Estimates, Issues FY22 Guidance

HCA Healthcare Inc (NYSE:HCA) has posted Q4 revenues of $15.1 billion, compared to $14.29 billion a year ago and missing the consensus of $15.37 billion.

  • EPS of $4.42, higher than $4.13 reported in 4Q of 2020, missed the estimate of $4.54.
  • "The omicron surge started to influence our business in early December," said Sam Hazen, Chief Executive Officer.
  • Same facility admissions increased 0.6% Y/Y, and same facility equivalent admissions increased 4.1%.
  • Same facility revenue per equivalent admission increased 2.2%.
  • Adjusted EBITDA totaled $3.15 billion, compared to $3.12 billion in Q4 FY20.
  • Dividend: HCA Healthcare declared a quarterly cash dividend of $0.56 per share, payable on March 31, at the record date of March 17.
  • FY 22 Guidance: HCA Healthcare expects revenues of $60 billion - $62 billion, compared to the consensus of $61.48 billion.
  • It expects an adjusted EBITDA of $12.55 billion - $13.05 billion.
  • HCA sees diluted EPS of $18.40 - $19.20 versus the consensus of $18.73.
  • Price Action: HCA shares are down 3.25% at $232.21 during the premarket session on the last check Thursday.

 

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.