From BigGo Finance · BigGo Finance · · 1m 20s
HCA Forecasts Flat 2027 Profit as Uninsured Surge Cuts $400 Million
HCA's 2027 profit forecast stays flat with 2026 as uninsured patients slash quarterly income by $400 million.
In brief
HCA's 2027 profit forecast stays flat with 2026 as uninsured patients slash quarterly income by $400 million. HCA Healthcare forecasts 2027 earnings to match 2026 levels despite a $400 million drop in quarterly income from rising uninsured patients. Originally reported by BigGo Finance.
HCA Reports Q3 Earnings Beat
HCA Healthcare posted third-quarter adjusted earnings of $7.22 per share on revenue of $19.849 billion, beating analyst estimates.
Uninsured Patients Cut Pretax Income
A rise in uninsured patients reduced pretax income by about $400 million in the quarter, mainly those who lost coverage on health insurance exchanges.
2027 Profit Forecast Flat with 2026
HCA forecasts 2027 earnings to be roughly flat with 2026 levels, a flat outlook that pushed shares down more than 5%.
Medicaid Supplemental Payments Drop
Medicaid supplemental payment net benefits will fall by $550 million to $650 million next year versus 2026 levels.
HCA Raises 2026 Full-Year Guidance
HCA raised its full-year 2026 guidance to $29.60 to $30.50 per share on revenue of $78.25 billion to $79.50 billion.
Analyst Notes Market Disappointment
Morningstar analyst Julie Utterback said the market appeared disappointed by management's flat 2027 outlook, implying next year's profit will fall short of $32.14.
Peers Also Decline in Stock Market
Tenet Healthcare and Universal Health Services shares fell 2% and 6% respectively after HCA's earnings report.
The big picture
HCA Healthcare forecasts 2027 earnings to match 2026 levels despite a $400 million drop in quarterly income from rising uninsured patients.
