Tenet Healthcare down after quarterly results on lofty expectations

Tenet Healthcare

28/10/2025 16:36

Updates

** Shares of hospital operator Tenet Healthcare THC.N fall 5.5% to $204.23

** Company raises 2025 revenue forecast in the range of $21.15 billion to $21.35 billion, from $20.95 billion to $21.25 billion earlier

** However, analysts had high expectations before earnings

 ** "We wouldn’t be surprised if shares trade choppy today on the results" - Guggenheim Securities

** "Uncertainty about the enhanced premium tax subsidies and the impact on reimbursement and enrollment in the exchanges still exists" - CEO Saum Sutaria, in a call with analysts

** THC reports Q3 adjusted profit of $3.7/share versus analysts' estimate of $3.29/share - data compiled by LSEG

** Including session moves, stock up 62.5% YTD

(Reporting by Siddhi Mahatole)

((siddhi.mahatole@thomsonreuters.com))