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Tenet Healthcare (THC) Reports Q3 Loss of $0.01; Raises FY09 Outlook

November 3, 2009 7:42 AM EST
THC Hot Sheet
EPS Growth %: -7.1%

Financial Fact:
Continuing operations: 0.14

Today's EPS Names:
BRLI, TLB, TNP, More
Tenet Healthcare Corporation (NYSE: THC) reports Q3 loss of $0.01, 1 cent better than the analyst estimate of ($0.02). Revenue for the quarter was $2.26 billion, which compares to the estimate of $2.25 billion.

Raises its FY09 net income guidance to $66-$130 million and adj-EBITDA moves to $925-$975 million.

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Earnings, Guidance

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