HCA Healthcare Reports Fourth Quarter 2023 Results and Provides 2024 Guidance streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
By Will Feuer Shares of HCA Healthcare rose after the hospital owner reported strong demand for medical services and issued an upbeat sales and earnings outlook for the current year. The.
HCA Healthcare on Tuesday forecast 2024 profit above Wall Street estimates as the largest U.S. for-profit hospital operator anticipated strong demand for medical procedures, sending its shares up 6% in premarket trading. The hospital operator also posted better-than-expected earnings for the fourth quarter and authorized an additional share repurchase program for up to $6 billion. The strong forecast and earnings by HCA, a bellwether for hospitals, follow health insurers such as UnitedHealth and Humana flagging increased utilization of medical services, especially among older adults seeking non-urgent surgical procedures like hip and knee replacements that were put off during the pandemic.
HCA Healthcare stock lifts peers after Q4 beat (NYSE:HCA) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.