HCA Healthcare Stock Sinks as Recent Hurricanes Hurt Results, Outlook
HCA(HCA) Investopedia·2024-10-26 01:05
Key TakeawaysHCA Healthcare reported worse-than-expected results and warned about future performance because of the impact of recent hurricanes.The insurer said Hurricane Helene's effect on its North Carolina operations reduced third-quarter profit and sales.HCA added that Hurricanes Helene and Milton will lower current-quarter results. HCA Healthcare (HCA) reported that recent hurricanes had and will have negative impacts on results, and shares slumped about 10% Friday afternoon. The insurer posted third-q ...