HCA Healthcare’s shares slide

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HCA Healthcare’s shares slid after sharing Q4 performance

Shares of HCA Healthcare Inc. HCA fell about 6% in premarket trading on Friday after the hospital operator set out earnings guidance for 2023 that came in lower than expected. Revenue for the fourth quarter of 2022 missed expectations. HCA had earnings of $2.1 billion, or $7.28 per share, in the fourth quarter of 2022, compared with $1.8 billion, or $5.75 per share, in the same quarter a year ago. The FactSet consensus for EPS was $4.79. Revenue came in at $15.

Revenue for the fourth quarter of 2022 missed expectations. HCA had earnings of $2.1 billion, or $7.28 per share, in the fourth quarter of 2022, compared with $1.8 billion, or $5.75 per share, in the same quarter a year ago. The FactSet consensus for EPS was $4.79. Revenue came in at $15.5 billion for the quarter, up from $15.0 billion in the fourth quarter of 2021. The FactSet consensus was $15.6 billion. Same-facility admissions rose 2.

 

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