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HCA: 2Q Earnings Snapshot

July 30, 2019

NASHVILLE, Tenn. (AP) _ HCA Holdings Inc. (HCA) on Tuesday reported second-quarter net income of $783 million.

The Nashville, Tennessee-based company said it had profit of $2.25 per share. Earnings, adjusted for non-recurring gains, came to $2.21 per share.

The results fell short of Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.49 per share.

The hospital operator posted revenue of $12.6 billion in the period, also missing Street forecasts. Ten analysts surveyed by Zacks expected $12.62 billion.

HCA shares have climbed 17% since the beginning of the year. The stock has increased 18% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HCA at https://www.zacks.com/ap/HCA

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