Ahead of HCA (HCA) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Core Viewpoint - Analysts forecast HCA Healthcare will report quarterly earnings of $6.14 per share, reflecting an 11.6% year-over-year increase, with revenues expected to reach $18.46 billion, a 5.5% increase compared to the previous year [1]. Earnings Projections - The consensus EPS estimate has been revised downward by 0.3% over the past 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue Estimates - Analysts estimate 'Revenues- Other' to be $1.02 billion, representing a year-over-year increase of 19.6% [4]. - 'Revenues- Medicare' is projected at $2.82 billion, a 7.6% increase from the previous year, while 'Revenues- Managed Medicare' is expected to be $3.00 billion, reflecting a 3.1% increase [5]. - 'Revenues- International (Managed Care & Insurers)' is anticipated to reach $432.32 million, indicating a 3.9% year-over-year change [5]. Key Metrics - 'Revenue per Equivalent Admission' is expected to be $18,084.34, up from $17,583.00 in the same quarter last year [6]. - Analysts predict 'Equivalent Admissions' to be 1.02 billion, compared to 994.84 million a year ago, and 'Admissions' at 573.97 million, up from 554.46 million [6]. - 'Patient Days' are forecasted to reach 2,786 days, an increase from 2,663 days in the same quarter last year [7]. - The estimated 'Inpatient Revenue per Admission' is $19,563.87, compared to $18,814.00 in the same quarter last year [8]. Market Performance - Over the past month, HCA shares have returned -3.7%, contrasting with the S&P 500 composite's +5.9% change [8].