HCA Healthcare beats profit estimates on strong demand for medical care

Reuters

Fri, Apr 25, 2025, 4:51 AM 1 min read

(Reuters) - Hospital relation HCA Healthcare bushed Wall Street estimates for first-quarter nett connected Friday, arsenic much radical underwent elective procedures.

U.S. hospitals person been benefiting from elevated request for non-urgent procedures, peculiarly from older people, since the 2nd fractional of 2023.

Health security bellwether UnitedHealth Group past week flagged a surge successful request for aesculapian attraction and lowered its yearly outlook, a motion that the inclination would proceed this year.

"As we look to the remainder of the year, we stay encouraged by our performance, the wide backdrop of increasing request for healthcare services, and the investments we've made crossed our networks to service our communities better," HCA CEO Sam Hazen said.

Shares of Nashville, Tennessee-based HCA roseate 1.4% to $346.28 successful premarket trading.

The institution reiterated its yearly nett forecast of $24.05 to $25.85 per share, and said it includes the existent and aboriginal impacts of argumentation developments, including the Trump administration's tariffs connected imports.

HCA earned a nett of $6.45 per stock successful the archetypal quarter, compared with $5.93 a twelvemonth earlier and supra analysts' mean estimation of $5.76 per share, according to information compiled by LSEG.

The institution reported gross of $18.32 billion, compared with estimates of $18.26 billion.

HCA said same-facility admissions, a metric which helps measurement however each installation is performing, roseate 2.6%, portion same-facility exigency country visits accrued 4%.

(Reporting by Siddhi Mahatole and Mariam Sunny successful Bengaluru; Editing by Shinjini Ganguli)