Tenet Healthcare Corp reports results for the quarter ended September 30 - Earnings Summary
Tenet Healthcare Corp reports results for the quarter ended September 30 - Earnings Summary
Tenet Healthcare Corp THC.N reported quarterly adjusted earnings of $6.64 per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $3.70. The mean expectation of twenty one analysts for the quarter was for earnings of $4.62 per share. Wall Street expected results to range from $3.41 to $5.11 per share.
Revenue rose 6.5% to $5.63 billion from a year ago; analysts expected $5.52 billion.
Tenet Healthcare Corp's reported EPS for the quarter was $12.41.
The company reported quarterly net income of $1 billion.
Tenet Healthcare Corp shares had risen by 5.1% this quarter and gained 35.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 4 "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 $284.00, about 5.5% above its last closing price of $268.50
This summary was machine generated from LSEG data October 29 at 05:27 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 |
Sep. 30 2026 | 4.62 | 6.64 | Beat |
Jun. 30 2026 | 4.22 | 6.12 | Beat |
Mar. 31 2026 | 4.18 | 4.82 | Beat |
Dec. 31 2025 | 4.05 | 4.70 | Beat |
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