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Sep 30, 2024
HCA Q3 2024 Earnings Report
HCA Healthcare's financial performance for Q3 2024 was reported, marked by revenue growth and increased net income, though impacted by Hurricane Helene.
Key Takeaways
HCA Healthcare reported a strong third quarter with revenue of $17.487 billion and net income of $1.270 billion, or $4.88 per diluted share. Results were impacted by Hurricane Helene, which unfavorably impacted EPS by an estimated $0.15. The company reaffirmed its 2024 guidance, but expects results to be in the lower half of the provided ranges due to hurricane impacts.
Revenues totaled $17.487 billion.
Net income attributable to HCA Healthcare, Inc. totaled $1.270 billion, or $4.88 per diluted share, including an estimated $0.15 per diluted share unfavorable impact from Hurricane Helene.
Adjusted EBITDA totaled $3.267 billion.
Cash flows from operating activities totaled $3.515 billion.
Forward Guidance
The Company reaffirmed its 2024 estimated guidance ranges. Given the ongoing impact of the two major hurricanes on the remainder of the year, the Company estimates that results are likely to be in the lower half of the ranges provided.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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