HCA quarterly earnings down, as legal costs weigh

Tue Feb 5, 2013 8:47am EST

Feb 5 (Reuters) - HCA Holdings Inc, the largest U.S. for-profit hospital operator, reported lower fourth-quarter net earnings, reduced by costs to settle legal claims.

Net income fell to $314 million, or 68 cents per share, compared with $1.94 billion, or $4.25 a share, a year earlier, when one-time gains from facilities sales and an investment boosted earnings.

Adjusted earnings before interest, taxes, depreciation and amortization fell 2 percent to $1.61 billion.

Revenue increased 8.5 percent to $8.43 billion in the quarter.

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