HCA Healthcare Raises Full-Year Earnings, Revenue Guidance

By Matt Grossman

HCA Healthcare Inc. on Tuesday raised its forecast for its full-year earnings and revenue results.

The Nashville, Tenn.-based healthcare operator now expects 2021 earnings of $16.30 a share to $17.10 a share on revenue of $57 billion to $58 billion. Three months ago, HCA had said it was expecting earnings of $13.30 a share to $14.30 a share on revenue of $54 billion to $55.5 billion.

In 2020, HCA logged earnings of $10.93 a share on revenue of $51.53 billion. Healthcare demand has improved this year as the coronavirus pandemic has eased, Chief Executive Sam Hazen said.

HCA shares rose 4.3% in pre-market trading on Tuesday morning.

Write to Matt Grossman at [e-mail]

(END) Dow Jones Newswires

07-20-21 0804ET