Leerink Partners Bullish Towards HCA Holdings (HCA) After 1Q; PT to $85

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HCA Reports First Quarter 2015 Results

May 5, 2015 8:31 AM EDT

Board Authorizes Additional $1 Billion Share Repurchase

Plans to Increase 3-Year Capital Plan by $500 Million

NASHVILLE, Tenn.--(BUSINESS WIRE)-- HCA Holdings, Inc. (NYSE: HCA) today announced financial and operating results for the first quarter ended March 31, 2015.

Key first quarter metrics (all percentage changes compare 1Q 2015 to 1Q 2014 unless noted):

Revenues increased 9.5 percent to $9.676 billion Net income attributable to HCA Holdings, Inc. totaled $591 million, or $1.36 per diluted share Adjusted EBITDA increased 19.3 percent to $1.961 billion Cash flows from operations totaled $1.018 billion... More