Tenet Healthcare Corp. (THC) Misses Q2 EPS by 1c; Boosts FY11 EPS Outlook by 3c/ Shr.

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August 2, 2011 7:33 AM EDT
Tenet Healthcare Corp. (NYSE: THC) reported Q2 EPS of $0.08, $0.01 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $2.37 billion versus the consensus estimate of $2.4 billion.

Tenet Healthcare raised its Outlook for 2011 diluted earnings per share by three cents as a result of lower tax expense and a reduced share count related to the Company’s share buyback program.

The Street is currently looking for EPS of $0.43.

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