Tenet Healthcare gains on lifting FY profit forecast

Tenet Healthcare

30/04/2024 13:10

** Shares of hospital operator Tenet Healthcare  THC.N  rise
9.9% to $109 premarket
    ** Co raises FY adj. EPS forecast to range of $8.37-$9.41
from previous forecast of $5.76-$6.90
    ** Now expects FY revenue between $20 bln and $20.4 bln,
compared with earlier forecast of $19.9-$20.3 bln
    ** Co's Q1 results also beat estimates 
    ** Up to last close, THC stock has gained 31.2% so far this
year

 (Reporting by Purvi Agarwal in Bengaluru)
 ((Purvi.Agarwal@thomsonreuters.com))