Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Stock

HCA Healthcare misses quarterly profit estimates on hurricane impact

admin by admin
October 25, 2024
in Stock
0
HCA Healthcare misses quarterly profit estimates on hurricane impact
0
SHARES
10
VIEWS
Share on FacebookShare on Twitter

(Reuters) -HCA Healthcare missed Wall Street estimates for quarterly profit on Friday after being hit by delays in medical procedures due to Hurricane Helene, sending its shares down about 10% in premarket trading.

The company incurred additional expenses in the third quarter, experiencing a loss of revenue estimated at $50 million, owing to the impact of Hurricane Helene on some of its facilities in Florida, Georgia and North Carolina.

HCA (NYSE:HCA) also closed five hospitals in Florida earlier this month, in preparation for Hurricane Milton, and transferred about 400 patients from hospitals throughout the state to mandatory evacuation zones.

The largest for-profit hospital operator in the United States reported third-quarter profit of $4.88 per share. Analysts on average were expecting a profit of $4.97 per share, according to data compiled by LSEG.

This post appeared first on investing.com

Previous Post

New US tariffs could prompt Signify to move some production from China, CEO says

Next Post

Brazilian consumer confidence dips in October, revealing mixed signals

admin

admin

Next Post
Brazilian consumer confidence dips in October, revealing mixed signals

Brazilian consumer confidence dips in October, revealing mixed signals

Trending News

Bernstein lists 25 new and interesting fitness products for 2025

Bernstein lists 25 new and interesting fitness products for 2025

January 5, 2025
Microsoft price target raised by BMO Capital following strong azure growth

Microsoft price target raised by BMO Capital following strong azure growth

July 31, 2025
Temenos shares soar on Jefferies upgrade

Temenos shares soar on Jefferies upgrade

December 12, 2024
Subscribe to Insightful Word


    Recent News

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    August 7, 2025
    Affirm stock price is rising: is it a buy before earnings?

    Affirm stock price is rising: is it a buy before earnings?

    August 7, 2025
    Intel stock plunges sharply after Trump calls on CEO to resign: here’s why rebound may take time

    Intel stock plunges sharply after Trump calls on CEO to resign: here’s why rebound may take time

    August 7, 2025
    Goldman Sachs boosts Nvidia price target to $200 ahead of Q2 earnings

    Goldman Sachs boosts Nvidia price target to $200 ahead of Q2 earnings

    August 7, 2025

    Recent News

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    August 7, 2025
    Affirm stock price is rising: is it a buy before earnings?

    Affirm stock price is rising: is it a buy before earnings?

    August 7, 2025

    Latest News

    • Dow futures soar 250 points today: 5 things to know before Wall Street opens
    • Affirm stock price is rising: is it a buy before earnings?
    • Intel stock plunges sharply after Trump calls on CEO to resign: here’s why rebound may take time

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.