Nashville, Tenn.-based Hospital Corporation of America anticipates revenues for the second quarter of 2014 will be roughly $9.23 billion, up 9 percent from $8.45 billion in the second quarter of last year, according to a financial results preview.
According to the preview, HCA expects income before income taxes to rise to $904 million for the second quarter of this year, compared with $806 million in 2013. Adjusted EBITDA for the quarter is expected to be approximately $2 billion, up 18 percent from $1.689 billion during the second quarter of 2013.
The financial results are still subject to finalization of the company's quarterly and accounting procedures. HCA expects to report its complete financial results for the second quarter on or around July 29.
More Articles on HCA:
For-Profit Hospital Stock Report: Week of July 7-11, 2014
HCA's Top Private Equity Owners to Sell 29.5M Shares
How Much 6 Major Hospital Operators Have Received in EHR Incentive Payments