HCA Holdings Q3 Profit Rises; Beats Estimates

(RTTNews) - Healthcare services provider HCA Holdings, Inc. (HCA), Tuesday reported a slight increase in third-quarter net income,that breezed past the Street estimates, with a rise in revenues.

Net income attributable to HCA Holdings, Inc. was $365 million or $0.79 per share, compared with $360 million or $0.78 per share last year. On average, seventeen analysts polled by Thomson Reuters expected the company to report earnings per share of $0.76 for the quarter. Analysts' estimates typically exclude one-time items.

Revenues for the period was $8.45 billion, compared with $8.06 billion a year ago. Revenues before provision for doubtful accounts were $9.41 billion, up from prior year's $8.89 billion. expected the company to generate revenues of $8.42 billion.

The company said it now expects full-year adjusted EBITDA to be near the upper-end of its previously issued guidance range of $6.25 to $6.50 billion.