HCA Healthcare Raises 2021 Earnings Guidance

By Allison Prang

HCA Healthcare Inc. raised its guidance for earnings, adjusted earnings before interest, taxes, depreciation and amortization and also the lower end of its revenue outlook for 2021.

The company said it now expects earnings to be between $13.30 a share and $14.30 a share. It was expecting $12.10 to $13.10 a share. According to FactSet, analysts are expecting earnings of less than $12.70 a share.

For adjusted Ebitda, the company now expects between $10.85 billion and $11.35 billion. It was expecting between $10.3 billion and $10.9 billion.

For revenue, HCA now expects between $54 billion and $55.5 billion. It was expecting between $53.5 billion and $55.5 billion. Analysts are expecting $54.58 billion.

The company reiterated its guidance for about $3.7 billion in capital expenditures.

Write to Allison Prang at allison.prang@wsj.com

(END) Dow Jones Newswires

April 22, 2021 08:29 ET (12:29 GMT)

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