HCA Healthcare Inc

HCA: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$789.00	Gxmxjw	Bgknxkzql

HCA Earnings: Strong Start to 2024, but Management Merely Maintains Guidance

Julie Utterback

Apr 26, 2024

Narrow-moat HCA Healthcare turned in better-than-anticipated first-quarter results that benefited from improving medical utilization trends. However, the company merely maintained its guidance for the full year, which appears to have disappointed the market. Considering that our expectations remain within current guidance ranges, we are not changing our $285 fair value estimate, and we continue to view HCA shares as about fairly valued.

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