HCA Healthcare Inc. (HCA) shares plummeted 9.92% in pre-market trading on Friday, following the release of its first-quarter 2026 financial results.
The hospital operator reported adjusted earnings per share of $7.15, meeting analyst expectations, but 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 FactSet consensus estimate of $78.6 billion.
Furthermore, the company disclosed that its first-quarter volumes were negatively impacted by a weaker-than-expected respiratory virus season and a winter storm in January that affected certain markets. HCA Healthcare noted that it did not experience the typical seasonal volume increase during the quarter, primarily due to lower respiratory activity, with respiratory-related admissions falling 42% year-over-year.
Comments