HCA Healthcare Inc. (HCA) experienced a significant pre-market plunge of 6.73% on Friday, following the release of its first-quarter 2026 earnings results.
The hospital operator reported adjusted earnings per share of $7.15, which met analyst expectations. However, investor sentiment turned negative as the company provided full-year revenue guidance in the range of $76.5 billion to $80.0 billion, which fell below the IBES estimate of $78.676 billion.
Furthermore, the company disclosed that its first-quarter volumes were negatively impacted by a winter storm in January affecting certain markets. HCA Healthcare also noted that it did not experience the typical seasonal volume increase during the quarter, primarily due to lower respiratory activity.
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