HCA Holdings (HCA) shares fall as Valesco joint venture underperforms in Q3

Go back to HCA Holdings (HCA) shares fall as Valesco joint venture underperforms in Q3

HCA misses profit estimates on physician staffing woes

October 24, 2023 7:43 AM EDT

By Leroy Leo

(Reuters) -HCA Healthcare tightened its full-year forecast and missed Wall Street estimates for quarterly profit on Tuesday, as the hospital operator's staffing joint venture was hit by high physician compensation and subsidies.

Shares of the company dropped 8.3% to $221.03 in early trading. It also sent shares of smaller rivals such as Tenet Healthcare and Community Health Systems down more than 3%.

... More

HCA Holdings (HCA) Declares $0.60 Quarterly Dividend; 1% Yield

October 24, 2023 7:34 AM EDT

HCA Holdings (NYSE: HCA) declared a quarterly dividend of $0.60 per share, or $2.4 annualized.

The dividend will be payable on December 28, 2023, to stockholders of record on December 14, 2023, with an ex-dividend date of December 13, 2023.

The annual yield on the dividend is 1... More

HCA Holdings (HCA) Misses Q3 EPS by 7c; Narrows Outlook

October 24, 2023 7:33 AM EDT

HCA Holdings (NYSE: HCA) reported Q3 EPS of $3.91, $0.07 worse than the analyst estimate of $3.98. Revenue for the quarter came in at $16.21 billion versus the consensus estimate of $15.83 billion.

GUIDANCE:

HCA Holdings sees FY2023 EPS of $17.80-$18.50, versus the prior guidance... More

HCA Holdings (HCA) PT Lowered to $267 at Wells Fargo

October 20, 2023 8:15 AM EDT

Wells Fargo analyst Stephen Baxter lowered the price target on HCA Holdings (NYSE: HCA) to $267.00 (from $275.00) while maintaining a Equal Weight rating.... More