Tenet Reports Results for the Second Quarter Ended June 30, 2018
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Tenet Healthcare (THC) Tops Q2 EPS by 24c; Boosts FY18 EPS Outlook
August 6, 2018 4:22 PM EDTTenet Healthcare (NYSE: THC) reported Q2 EPS of $0.49, $0.24 better than the analyst estimate of $0.25. Revenue for the quarter came in at $4.5 billion versus the consensus estimate of $4.57 billion.
Tenet reported net income from continuing operations available to Tenet common shareholders of $24 million or $0.23 per diluted share in the second quarter of 2018 compared to a net loss of $56 million or $0.56 per diluted share in the second quarter of 2017. After adjusting for certain items, which totaled $27 million or $0.26 per share in the second quarter of 2018, Tenet reported Adjusted diluted earnings per share from continuing... More