HCA Healthcare (HCA) shares gain after topping Q1 earnings, revenue expectations

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HCA expects surgical recovery to sustain on improved staffing, capacity

April 21, 2023 7:07 AM EDT

By Aditya Samal and Leroy Leo

(Reuters) -HCA Healthcare Inc said it expects a recovery in surgical procedures to persist through the year for the hospital operator as staffing almost reaches pre-pandemic levels and allows it to widen bed and surgical capacity.

The industry bellwether on Friday reported better-than-expected results and raised its forecasts for 2023 on improved staffing, lifting its shares up nearly 5%.

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HCA Holdings (HCA) Tops Q1 EPS by 92c, Updates Guidance

April 21, 2023 7:04 AM EDT

HCA Holdings (NYSE: HCA) reported Q1 EPS of $4.85, $0.92 better than the analyst estimate of $3.93. Revenue for the quarter came in at $15.59 billion versus the consensus estimate of $15.27 billion.

GUIDANCE:

HCA Holdings sees FY2023 EPS of $17.25-$18.55, versus the consensus of... More