HCA Healthcare (HCA) Stock

This Industry Outlook article features HCA Healthcare, Tenet Healthcare, Universal Health, Acadia Healthcare, and Community Health Systems.

HCA is likely to gain from increasing patient numbers and improved efficiency. Nevertheless, a drop in outpatient surgeries and the effects of hurricanes could lessen these advantages.

HCA Healthcare, listed on the NYSE as HCA, is the third-largest company in the healthcare providers and services sector in the U.S. Recently, its shares have dropped more than 13% from the peak they hit on October 18.

HCA is set to gain from increased volume and its plans for expansion.

On the last trading day of the week, major U.S. stock indexes showed mixed results. This week was influenced by a steady stream of earnings reports and growing uncertainty about how fast the Federal Reserve will lower interest rates.

HCA Healthcare, Inc. (NYSE:HCA) will hold its Q3 2024 Earnings Conference Call on October 25, 2024, at 10:00 AM ET. Key participants include Frank Morgan, the Vice President of Investor Relations, Sam Hazen, the CEO, and Mike Marks, the CFO. The call will also feature various analysts from major financial institutions.

HCA's quarterly results have improved due to more admissions and inpatient surgeries, although they were somewhat affected by hurricanes and increasing costs for salaries and benefits.

HCA Healthcare (HCA) announced that the recent hurricanes have affected their results negatively and will continue to do so, causing their shares to drop by around 10% on Friday afternoon.

The results for the third quarter were not as good as anticipated, and the hospital operator believes that hurricanes will also affect the current quarter.