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Stock impact report

Tenet Reports Strong Third Quarter 2024 Results; Raises 2024 Financial Outlook

Tenet Healthcare Corporation (THC) 
Last tenet healthcare corporation earnings: 2/24 04:21 pm Check Earnings Report
US:NYSE Investor Relations: investor.tenethealth.com
Company Research Source: Business Wire
Net income available to common shareholders in third quarter 2024 was $472 million, or $4.89 per diluted share, including an after-tax gain of $209 million, or $2.16 per diluted share, primarily associated with previously announced hospital divestituresAdjusted diluted earnings per share1 was $2.93 in third quarter 2024Consolidated Adjusted EBITDA1 in third quarter 2024 of $978 million increased 14.5% over third quarter 2023Third quarter 2024 Ambulatory Care Adjusted EBITDA of $439 million increased 18.6% over third quarter 2023FY 2024 Adjusted EBITDA Outlook now expected to be in the range of $3.9 billion to $4.0 billion, a $50 million increase DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (Tenet) (NYSE: THC) today announced its results for the quarter ended September 30, 2024."Our businesses continue to produce strong results and generate robust free cash flow with same store revenue growth and profitability well above our expectations due to the focused execution of our Show less Read more
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