HCA Holdings Inc (NYSE:HCA) declared on Wednesday that its preliminary financial and operating results for the Q1 of 2013. HCA predicts to record income before income tax to be around $639M, dropped 33.6 percent year over year.
The firm declared that its Q1 results are predicted to include pretax losses on sale of facilities of $16M or 2 cents a share and a pretax loss on retirement of debt of around $17M or 3 cents a share. The Q1 of 2012 results comprised net favorable Medicare adjustments that contributed $188M to revenues, $170M to adjusted EBITDA and 22 cents to earnings per share.
HCA predicts revenues of $ 8.440B in the Q1 of 2013, increased 0.4 percent from $8.405B in the year-before quarter. However, revenues are considerably lesser than the Zacks Consensus presentation of $9.5B.
Shares of HCA Holdings Inc (NYSE:HCA) opened at $37.55 with 443.61 million outstanding shares and touch its highest price of $37.81 of the day and then finished at $37.54 by scoring -0.87%, as in the whole session stocks gain volume of 3.63 million shares which is lower than its average volume.
As the owner ship concerns stock institutional ownership remained 42.61% while insider ownership included 0.40%. The share capital of HCA has 445.14 million outstanding shares amid them 266.47 million shares have been floated in market.
For investors focus on the performance of the stocks so the HCA showed weekly ahead performance of +2.37% which was maintained for the month at -0.64%. Correspondingly the positive performance for the quarter was remained +7.29% and if took notice on yearly performance that was +60.77% whereas the year to date performance halted at +24.43%.
As the moving toward the returns measures returns on Investment ratio is significant measure which investor should have in consideration, the HCA return on investment was recorded as 9.86% as compare to its rivals has Health Management Associates Inc (NYSE:HMA)’s ROI 3.75%, Tenet Healthcare Corp (NYSE:THC)’s ROI 3.04%, Community Health Systems (NYSE:CYH)’s ROI 2.58%, Universal Health Services, Inc. (NYSE:UHS)’s ROI 7.20%.
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