HCA Holdings To Report Strong Q1 Results; Raises 2015 Guidance - Quick Facts

(RTTNews) - HCA Holdings, Inc. (HCA) announced the company anticipates income before income taxes for the first quarter to approximate $1.075 billion compared to $680 million in the prior year period. Net income per share is expected to be approximately $1.35 compared to $0.76 for the first quarter of 2014. The company said the majority of its first-quarter performance was driven by continued favorable volume and payor trends in its core operations.

Adjusted EBITDA for the first quarter is expected to be approximately $1.960 billion compared to $1.644 billion in the previous year's first quarter.

The company expects revenues for the first quarter of 2015 will be approximately $9.675 billion compared to $8.832 billion in the first quarter of 2014.

The company also updated its guidance ranges for 2015: revenues are now expected to be between $39.0 billion and $40.0 billion; and adjusted earnings per share is expected to be between $4.90 - $5.30.