Shares of Nashville, Tenn.-based HCA Healthcare climbed Oct. 30 after the for-profit hospital operator reported strong third-quarter earnings, according to a CNBC report.
HCA's stock price increased as much as 3 percent in premarket trading, although some gains subsequently decreased, the report stated. Shares closed at $135.21 on Oct. 30 after closing Oct. 29 at $129.
HCA ended the third quarter of 2018 with net income attributable to the company of $759 million, or $2.15 per share. That compares to $426 million, or $1.15 per share, in the same quarter a year prior.
The company reported revenue of $11.5 billion in the third quarter of 2018, higher than what Wall Street expected — revenue of $11.3 billion, according to CNBC, which cites FactSet.
HCA expects revenue for all of 2018 to be between $46 billion and $47 billion.
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