By Allison Prang


HCA Healthcare Inc. reported a spike in profit in the first quarter as revenue rose and the company's expenses slipped.

Earnings per share were $4.14, up from $1.69 in the comparable quarter a year ago. Profit attributable to the company was $1.42 billion, more than double the profit of $581 million a year earlier, when results were hit by losses on retirement of debt. The earnings beat analysts' consensus.

Revenue at the company rose 8.7% to $13.98 billion. Analysts were expecting $13.63 billion, according to FactSet.

Expenses at the company slipped slightly to just over $12 billion.


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(END) Dow Jones Newswires

April 22, 2021 08:21 ET (12:21 GMT)

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