HCA Healthcare sets EPS growth target of 8% to 12% for the next five years

HCA Healthcare Inc.
HCA,
-0.67%
said Thursday it’s targeting per-share earnings growth of 8% to 12% for the next five years. The hospital operator offered the forecast in a statement released ahead of an investor day. For 2024, it said it expects EPS to fall within that range. The current FactSet consensus is for 8% EPS growth. “While our planning process for 2024 is not complete, we currently believe that our 2024 expectations will fall within the targeted ranges above, after considering the resolution of disputed claims with a commercial payer recorded in the first quarter of 2023,” CEO Sam Hazen said in a statement. The stock was not yet active premarket but has fallen 3.5% in the year to date, while the S&P 500
SPX,
+0.10%
has gained 14%.