Why HCA Holdings (HCA) Stock Is Soaring Today

NEW YORK (TheStreet) --Shares of HCA Holdings Inc. (HCA) are higher by 7.95% to $59.60 in early trading on Wednesday after the company raised its 2014 second quarter guidance.

The holding company, whose affiliates own and operate hospitals and other health care entities, said it's now expecting to report earnings per diluted share of $1.07 for the 2014 second quarter, compared to the 91 cents per diluted share it reported for the 2013 second quarter.

HCA Holdings said revenue is expected to be approximately $9.230 billion, compared to $8.450 billion from the year ago quarter.

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