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HCA Holdings Q4 Non GAAP EPS up 27%, updates guidance

  • HCA Holdings (NYSE:HCA +1.8%) Q4 results: Revenues: $10,249M (+6.4%); Salaries and Benefits: $4,606M (+7.6%); Supplies: $1,686M (+1.6%); Other Operating Expense: $1,835M (+3.2%); Net Income: $582M (+10.4%); EPS: $1.40 (+17.6%); Non-GAAP EPS: $1.69 (+27.1%).
  • Q4 Operating Statistics: Reported Admissions: 467,300 (+2.0%); Equivalent Admissions: 787,800 (+3.6%); Equivalent Patient Days: 3,850,500 (+4.7%); Inpatient Surgery Cases: 134,000 (+1.1%); Outpatient Surgery Cases: 240,200 (+2.9%); Emergency Room Visits: 2,037,700 (+4.5%).
  • FY2015 results: Revenues: $39,678M (+7.5%); Salaries and Benefits: $18,115M (+8.9%); Supplies: $6,638M (+6.0%); Other Operating Expense: $7,103M (+5.2%); Net Income: $2,129M (+13.5%); EPS: $4.99 (+20.0%); Non-GAAP EPS: $5.56 (+18.3%); Quick Assets: $741M (+30.9%).
  • FY2015 Operating Statistics: Reported Admissions: 1,868,800 (+4.1%); Equivalent Admissions: 3,122,700 (+5.5%); Equivalent Patient Days: 15,299,100 (+6.7%); Inpatient Surgery Cases: 529,900 (+2.1%); Outpatient Surgery Cases: 909,400 (+2.0%); Emergency Room Visits: 8,050,200 (+8.0%).
  • 2016 Guidance: Revenues: $41.5B - 42.5B; Adjusted EBITDA: $8.15B - 8.45B; Adjusted EPS: $6.00 - 6.45; CAPEX: ~$2.7B.

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