HCA Holdings Inc (HCA) Releases Earnings Results, Beats Expectations By $0.10 EPS

HCA Holdings Inc (HCA) reported quarterly earnings results on Thursday, Jul-28-2016. The company said it had a profit of $1.66 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.10. Analysts had a consensus of $1.56. The company posted revenue of $10319.00 million in the period, compared to analysts expectations of $10496.37 million. The company’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.37 EPS.

Many Wall Street Analysts have commented on HCA Holdings Inc. HCA Holdings Inc was Initiated by Bernstein to “Mkt Perform” on Jun 16, 2016. Company shares were Reiterated by RBC Capital Mkts on May 4, 2016 to “Outperform”, Firm has raised the Price Target to $ 89 from a previous price target of $86 .Company shares were Reiterated by Wedbush on May 4, 2016 to “Outperform”, Firm has raised the Price Target to $ 90 from a previous price target of $88 .

HCA Holdings Inc closed down -0.1 points or -0.13% at $77.88 with 47,33,887 shares getting traded on Thursday. Post opening the session at $74.88, the shares hit an intraday low of $74.1 and an intraday high of $78.87 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on May 26, 2016, Joseph N Steakley (SVP-Internal Audit Services) sold 44,203 shares at $76.42 per share price. According to the SEC, on May 26, 2016, Michael S. Cuffe (President-Physician Services) sold 2,575 shares at $76.20 per share price. On May 26, 2016, Alan R Yuspeh (SVP & Chief Ethics Officer) sold 15,000 shares at $77.82 per share price, according to the Form-4 filing with the securities and exchange commission.

HCA Holdings Inc. is a holding company. The Company is a health care services company. The Company owns manages or operates hospitals freestanding surgery centers diagnostic and imaging centers radiation and oncology therapy centers rehabilitation and physical therapy centers and various other facilities. The Company’s general acute care hospitals provide a range of services to accommodate medical specialties such as internal medicine general surgery cardiology oncology neurosurgery orthopedics and obstetrics as well as diagnostic and emergency services. The general acute care hospitals also provide outpatient services such as outpatient surgery laboratory radiology respiratory therapy cardiology and physical therapy. Outpatient and ancillary health care services are provided by the Company’s general acute care hospitals freestanding surgery centers freestanding emergency care facilities diagnostic centers and rehabilitation facilities.

HCA Holdings Inc

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