HCA Healthcare Beats Quarterly Profit Estimates

(Reuters) – HCA Healthcare (NYSE:HCA) surpassed Wall Street estimates for quarterly profit on Friday, driven by an increase in hospital admissions and lower-than-expected labor costs.

The largest for-profit hospital operator in the United States reported a third-quarter profit of $4.88 per share. Analysts, on average, had anticipated a profit of $4.97 per share, according to data compiled by LSEG.