Investing.com - HCA reported third quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $2.23 on revenue of $12.69B. Analysts polled by Investing.com expected EPS of $2.13 on revenue of $12.5B. That compared to EPS of $2.16 on revenue of $11.45B in the same period a year earlier. The company had reported EPS of $2.21 on revenue of $12.6B in the previous quarter.
HCA shares gained 0.89% to trade at $128.00 in pre-market trade following the report.
For the year, HCA shares are up 30.02%, outperforming the S&P 500 which is up 22.71% year to date.
HCA follows other major Healthcare sector earnings this month
On Tuesday, October 15, 2019, J&J reported third quarter EPS of $2.12 on revenue of $20.73B, compared to forecasts of EPS of $2.01 on revenue of $20.08B.
Merck&Co earnings beat analyst's expectations on Tuesday, with third quarter EPS of $1.51 on revenue of $12.4B. Investing.com analysts expected EPS of $1.24 on revenue of $11.65B
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