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HCA Healthcare Q2 Adjusted Earnings, Revenue Rise; Boosts 2024 Outlook -- Shares Climb Pre-Bell
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HCA Healthcare Q2 Adjusted Earnings, Revenue Rise; Boosts 2024 Outlook -- Shares Climb Pre-Bell
Jul 23, 2024 5:29 AM

08:09 AM EDT, 07/23/2024 (MT Newswires) -- HCA Healthcare ( HCA ) reported Q2 adjusted earnings Tuesday of $5.50 per diluted share, up from $4.29 a year earlier.

Analysts polled by Capital IQ expected $4.93.

Revenue for the quarter ended June 30 was $17.49 billion, up from $15.86 billion a year earlier.

Analysts surveyed by Capital IQ expected $17.05 billion.

The company said it now expects 2024 diluted earnings of $21.60 to $22.80. That compares with $19.70 to $21.20 previously. Analysts surveyed by Capital IQ expect $21.10.

Revenue for the year is now projected to be $69.75 billion to $71.75 billion, up from $67.75 billion to $70.25 billion previously, the company said. Analysts polled by Capital IQ expect $69.71 billion.

The company said it has maintained its quarterly dividend of $0.66 per share, payable Sept. 30 to shareholders of record on Sept. 16.

Shares of the company were up 7.7% in recent premarket activity.

Price: 345.00, Change: +19.62, Percent Change: +6.03

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