Here’s Why HCA Healthcare Shares Rose 11.4%
HCA Healthcare (HCA) shares gained 11.4% on July 22 to close at $202.03 after the healthcare services company delivered blowout second-quarter results, significantly beating the Street’s earnings expectations. Based in the U.S., HCA Healthcare owns and operates 182 hospitals and approximately 2,200 ambulatory sites of care, including surgery centers, free-standing emergency rooms, urgent care centers, and physician clinics across the U.S. and the United Kingdom. HCA''s Q2 Beat The company reported stellar quarterly earnings of $4.21 per share, significantly higher than analysts’ estimates of $3.71 per share. However, it was lower than earnings of $4.37 per share reported for the prior-year period. Furthermore, revenues jumped 2.6% year-over-year to $14.
Here’s Why HCA Healthcare Shares Rose 11.4%
HCA Healthcare (HCA) shares gained 11.4% on July 22 to close at $202.03 after the healthcare services company delivered blowout second-quarter results, significantly beating the Street’s earnings expectations. Based in the U.S., HCA Healthcare owns and operates 182 hospitals and approximately 2,200 ambulatory sites of care, including surgery centers, free-standing emergency rooms, urgent care centers, and physician clinics across the U.S. and the United Kingdom. HCA''s Q2 Beat The company reported stellar quarterly earnings of $4.21 per share, significantly higher than analysts’ estimates of $3.71 per share. However, it was lower than earnings of $4.37 per share reported for the prior-year period. Furthermore, revenues jumped 2.6% year-over-year to $14.