Tenet Q3 Earnings Beat on Strong Ambulatory Unit, '24 EPS View Raised [Yahoo! Finance]
Tenet Healthcare Corporation (THC)
Last tenet healthcare corporation earnings: 2/24 04:21 pm
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US:NYSE Investor Relations:
investor.tenethealth.com
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Source: Yahoo! Finance
The bottom line more than doubled year over year. Net operating revenues increased 1.1% year over year to $5.12 billion, which surpassed management's guided range of $5-$5.1 billion. The top line beat the consensus mark by 1.5%. The quarterly results benefited from higher same-hospital admissions, a favorable payer mix and increased Medicaid supplemental revenues. The Ambulatory Care unit was driven by facility buyouts and service line expansions. A declining operating expense level also contributed to the upside, which was partly offset by the impact of divestiture of hospitals that impacted revenues of the Hospital unit. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Tenet Healthcare Corporation price-consensus-eps-surprise-chart | Tenet Healthcare Corporation Quote Adjusted net income was $282 million, which soared 84.3% year over year and exceeded management's expected range of $210-$250 million. Adjusted EBITDA advanced 14.5% year over year
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THC
News
- Why Tenet Healthcare (THC) is a Top Value Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Commure to Deploy Ambient AI Platform to Tenet Physician Resources for Enhanced Clinical WorkflowsGlobeNewswire
- Watch Live: Detroit Mayor Mike Duggan expected to announce political future [CBS News]CBS News
- Tenet Healthcare Co. (NYSE: THC) had its price target raised by analysts at Barclays PLC from $171.00 to $190.00. They now have an "overweight" rating on the stock.MarketBeat
- Tenet Stock Jumps 19.6% Since Q3 Results: What Should Investors Do? [Yahoo! Finance]Yahoo! Finance
THC
Earnings
- 10/29/24 - Beat
THC
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- THC's page on the SEC website