* Tenet Healthcare Corp THC.N reported quarterly adjusted
earnings of $3.44 per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of $2.68. The mean expectation of
eighteen analysts for the quarter was for earnings of $2.97 per
share. Wall Street expected results to range from $2.51
to $3.73 per share.
* Revenue fell 5.7% to $5.07 billion from a year ago;
analysts
expected $5.17 billion.
* Tenet Healthcare Corp's reported EPS for the quarter was
$3.32.
* The company reported quarterly net income of $318 million.
* Tenet Healthcare Corp shares had risen by 10.0% this
quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 18 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the healthcare
facilities & services peer group is also "buy"
Wall Street's median 12-month price target for Tenet Healthcare
Corp is $178.60
This summary was machine generated from LSEG data February 12 at
02:31 p.m. UTC. All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2024 2.97 3.44 Beat
Sep. 30 2024 2.37 2.93 Beat
Jun. 30 2024 1.90 2.31 Beat
Mar. 31 2024 1.43 3.22 Beat