HCA Healthcare said revenues for Q3 2024 rose to $17.487 billion from $16.213 billion a year earlier, an increase of 7.9%, and net income attributable to HCA Healthcare, Inc. was $1.270 billion, or $4.88 per diluted share.

1. 01

   HCA Healthcare said revenues for Q3 2024 rose to $17.487 billion from $16.213 billion a year earlier, an increase of 7.9%, and net income attributable to HCA Healthcare, Inc. was $1.270 billion, or $4.88 per diluted share.

2. 02

   The company said it had estimated additional expenses and lost revenues related to Hurricane Helene for Q3 2024 at about $50 million (or $0.15 per diluted share). It said it expects Helene and Milton to add about $200 million to $300 million in Q4. The estimates do not include any insurance recoveries.

3. 03

   The company said salaries and benefits were 45.0% of revenues for Q3 2024 (46.6% a year earlier), contract labor costs fell 17.8%, and supplies were 15.2% of revenues (14.9% a year earlier).

4. 04

   The company said cash provided by operating activities for the first 9 months of 2024 was $7.955 billion, compared with $6.757 billion a year earlier. It also said it issued $4.500 billion of senior notes in February 2024 and $3.000 billion of senior notes in August. Total debt was $42.965 billion as of September 30, 2024.

Key figures

Quarter ended September 30, 2024

Revenue

$17.5B

Net income

$1.3B

EPS

$4.88

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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