HCA Healthcare Reports First Quarter 2020 Results

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HCA Holdings (HCA) Q1 Revenue Misses Consensus, Withdraws Guidance, Suspends Dividend

April 21, 2020 8:33 AM EDT

HCA Holdings (NYSE: HCA) reported Q1 EPS of $1.69, may not compare to the analyst estimate of $2.75. Revenue for the quarter came in at $12.86 billion versus the consensus estimate of $13.14 billion.

During the first quarter of 2020, the Company recorded losses of $295 million, or $0.66 per diluted share, on retirement of debt and gains of $7 million, or $0.02 per diluted share, on sales of facilities. Results for the first quarter of 2019 included $86 million in revenues, or $0.19 per diluted share, as a result of finalizing an arbitration with a payer related to... More