HCA Healthcare Inc. (HCA) recently posted its Q4 earnings, which, while lower than the same period in the previous year, still managed to exceed Wall Street's expectations. The company's net income was $1.61 billion, translating to $5.93 per share. By comparison, the previous year's Q4 earnings were $2.08 billion, or $7.28 per share.
After accounting for certain items, the adjusted earnings for HCA Healthcare Inc. stood at $5.90 per share for the duration under review. In contrast, the average analyst expectation, as collected by Thomson Reuters, was a forecasted earning of $5.06 per share, excluding any specific or special items.
The quarter also saw an increase in the company's revenue, registering an 11.6% hike to reach $17.30 billion, up from $15.50 billion recorded in the previous year.
When considering the company's earnings under generally accepted accounting principles (GAAP), Q4 earnings were reported at $1.61 billion, down from $2.08 billion in the previous year. Earnings per share (EPS) also took a dip from $7.28 in the previous year to $5.93 during this quarter. The analyst estimates for the period were projected at $5.06. Finally, Q4 revenue stood at $17.30 billion, rising from $15.50 billion of the previous year.
