Group 1: Earnings Estimates - HCA Healthcare is expected to report first-quarter 2025 earnings of $5.77 per share on revenues of $18.31 billion, indicating a year-over-year earnings growth of 7.7% and revenue growth of 5.6% [1][2] - For the full year 2025, the revenue estimate is $74.69 billion, reflecting a 5.8% increase year-over-year, while the EPS estimate is $24.98, implying a 13.8% increase year-over-year [2] Group 2: Recent Performance - HCA Healthcare has consistently beaten earnings estimates in the last four quarters, with an average surprise of 5.9% [2] - The company has an Earnings ESP of 0.00% and a Zacks Rank of 3 (Hold), indicating uncertainty regarding an earnings beat for the upcoming quarter [3] Group 3: Operational Metrics - The consensus estimate for equivalent admissions shows a 3.4% year-over-year growth, while the model predicts a 3.5% increase; revenue per equivalent admission is expected to rise by 2% [5] - Equivalent patient days are estimated to grow by 1.8% year-over-year, but rising expenses and lower occupancy rates pose challenges [6] Group 4: Expense and Occupancy Trends - Total operating expenses are projected to increase by 5.8% year-over-year, driven by higher salaries, benefits, and supply costs, with supply costs expected to rise nearly 8% [7] - The occupancy rate is estimated at 72.68%, down from 75.20% a year ago, and the average length of stay is expected to decline by 2.4% [7]

Market Overview - Major U.S. equities indexes experienced declines as investors reacted to new tariff announcements and a drop in Nvidia shares, which fell 8.5% despite solid earnings [1] - The S&P 500 decreased by 1.6%, while the Nasdaq fell 2.8% due to weakness in technology stocks, and the Dow Jones Industrial Average ended 0.5% lower [2] Company-Specific Developments - Teleflex (TFX) shares dropped 21.7% after announcing plans to split into two companies [2] - Super Micro Computer (SMCI) fell 16% following reports of two officers filing to sell shares, alongside a delayed annual report [3] - Viatris (VTRS) stock declined by 15.2% due to weaker-than-expected earnings and a disappointing outlook, impacted by regulatory actions affecting profits [3] - Vistra Corp. (VST) shares decreased by 12.3% despite better-than-expected earnings, as other AI-related stocks also lost ground [4] - Invitation Homes (INVH) stock rose by 5.5% after reporting quarterly revenue and net income that exceeded analyst estimates [5] - Warner Bros. Discovery (WBD) shares increased by 4.7% after reporting weaker-than-expected earnings but providing a positive streaming outlook [6] - Allstate (ALL) shares rose 3.5% following the announcement of a dividend increase and a $1.5 billion share buyback program [6] - Universal Health Services (UHS) saw a 3.3% increase in shares after reporting better-than-expected earnings and a positive revenue outlook [7]