HCA Holdings Expects Profit Growth In Q2, Backs FY13 Outlook - Quick Facts

(RTTNews) - Health care services provider HCA Holdings Inc. (HCA) announced preliminary financial and operating results for the second quarter ended June 30, 2013.

HCA anticipates revenues for the second quarter of 2013 will be approximately $8.450 billion compared to $8.112 billion in the second quarter of 2012. Income before income taxes for the second quarter is expected to approximate $806 million compared to $699 million in the prior year period. Net income per share for the second quarter of 2013 is expected to be approximately $0.91 per share compared to $0.85 for the second quarter of 2012.

Analysts polled by Thomson Reuters expect the company to report earnings of $0.78 per share and revenues of $8.43 billion for the second-quarter. Analysts' estimates typically exclude special items.

Adjusted EBITDA for the second quarter is expected to be approximately $1.689 billion compared to $1.569 billion in the previous year's second quarter.

The company also reaffirmed its previously issued full year 2013 guidance range of adjusted earnings of $3.00 to $3.30 per share and revenues of $33.50 billion to $34.50 billion. Analysts expect the company to report earnings of $3.12 per share and revenues of $33.97 billion for fiscal 2013.

The company said it anticipates reporting its complete financial results for the second quarter of 2013 on, or about, August 1, 2013.