HCA Healthcare, Inc. (NYSE:HCA) Reports Better 2Q20 Earnings, Outsmart Market View

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HCA Healthcare, Inc. (NYSE:HCA) unveiled its second quarter earnings results on Wednesday 22nd July 2020 before market open.

The health care services company reported $ 3.16 income per share for the quarter. On adjusted basis, HCA Healthcare, Inc. reported income for the quarter of $ 3.23 per share

The quarterly earnings elevated 40.44 percent compared with the same quarter last year.

The firm had revenue of $ 11,068.00 million for the quarter, compared to the consensus estimate of $ 9905.68 million. The revenues outshined analysts estimates by $ 1,162.32 million or 11.73 percent.

The financial report showed revenues reduced 12.17 percent versus second quarter of last year.

Analysts estimates are from Thompson Reuters, exclude one time gain or loss

Sam Hazen, Chief Executive Officer of HCA Healthcare, commented: Throughout this remarkably challenging pandemic, I am reminded daily of what an incredible and resilient organization we have. I see our colleagues and physicians working every day to do the right thing for others, and I want to thank them for their dedication to our patients and the tremendous sacrifices they, and their families, are making in the midst of this global health crisis.