News Headlines Article

Shares of hospital operator HCA fall despite profit beat
Yahoo! News

Shares of HCA Holdings Inc, the largest U.S. for-profit hospital operator, fell about 3 percent on Tuesday after it posted a quarterly profit that exceeded analyst estimates on higher patient admissions but disappointed investors who had expected a stronger performance.

HCA said the first-quarter results were in line with internal projections.

“The first quarter was another quarter of solid volume growth for the company,” HCA Chief Operating Officer Sam Hazen said on a conference call.