Tenet Healthcare (THC) Tops Q2 EPS by 24c; Boosts FY18 EPS Outlook

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Go back to Tenet Healthcare (THC) Tops Q2 EPS by 24c; Boosts FY18 EPS Outlook

Tenet Reports Results for the Second Quarter Ended June 30, 2018

August 6, 2018 4:15 PM EDT

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 operations of $0.49 in the second quarter of 2018 compared to an Adjusted diluted loss per share of $0.17 in the second quarter of 2017. Adjusted EBITDA was $634 million in the... More