|Bid||0.00 x 900|
|Ask||0.00 x 900|
|Day's range||56.71 - 58.15|
|52-week range||36.69 - 92.65|
|Beta (5Y monthly)||2.13|
|PE ratio (TTM)||10.77|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||13 Mar 2000|
|1y target est||N/A|
HCA (HCA) delivered earnings and revenue surprises of -3.13% and 0.11%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Hospital operators in the U.S. are likely to see a dip in fourth-quarter profits as an ongoing staffing crunch limits their ability to take advantage of an early onset of the flu season and boost admissions. Nursing shortages at hospitals have persisted for years and have worsened during the pandemic, driving up costs for hospitals as they seek to retain staff. Although shortages and associated costs have improved over the course of 2022, analysts say it is still not enough to lift growth in elective procedures and offset the impact of high costs.
HCA Healthcare, Universal Health Services, Acadia Healthcare and Tenet Healthcare are part of the Zacks Industry Outlook article.