HCA Holdings (HCA) Tops Q1 EPS by 20c, Updatas FY EPS Guidance

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HCA Holdings (HCA) Labor Costs Starting to Stabilize Raising PT to $90 - Wedbush

May 4, 2016 9:08 AM EDT

Wedbush analyst, Sarah James, thinks investors are undervaluing HCA Holdings (NYSE: HCA) longer term capital deployment potential EPS accretion and Parallons potential growth. No change to Outperform rating but PT increases to $90 from $88.

Adjusted EBITDA of $2.0B was below consensus of $2.03B due to higher than expected labor costs and other operating expenses but partially offset by stronger than expected equivalent admissions.

HCAs total surgeries were up 3.3% v 2.0% this time last year driven by significant... More