HCA HealthcareNYSE: HCA

HCA Healthcare NYSE: HCA is the third-largest company in the U.S. healthcare providers and services industry. Shares have slid recently, down over 13% from the all-time high they reached on Oct. 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.

HCA anticipates that Hurricane Helene will affect its facilities in North Carolina and Hurricane Milton will impact those in Florida this October, which could reduce its fourth-quarter earnings per share by 60 to 90 cents.

HCA Healthcare exceeded Wall Street's profit predictions for the quarter on Friday, thanks to a rise in hospital admissions and lower labor costs than anticipated.