Tenet Reports Results for the Third Quarter Ended September 30, 2017

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Go back to Tenet Reports Results for the Third Quarter Ended September 30, 2017

Tenet Healthcare (THC) Tops Q3 EPS by 23c; Lower Outlook

November 6, 2017 4:23 PM EST

Tenet Healthcare (NYSE: THC) reported Q3 EPS of ($0.17), $0.23 better than the analyst estimate of ($0.40). Revenue for the quarter came in at $4.59 billion versus the consensus estimate of $4.68 billion.

GUIDANCE:

Tenet Healthcare sees FY2017 EPS of $0.59-$0.74, versus the consensus of $0.76.

Reported a net loss from continuing operations attributable to Tenet shareholders of $366 million or $3.63 per diluted share. Adjusted diluted loss per share from continuing operations was $0.17.Adjusted EBITDA was $507 million... More