Tenet Healthcare (THC) Tops Q3 EPS by 16c, Revenues Beat; Offers FY18 EPS/Revenue Outlook

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Go back to Tenet Healthcare (THC) Tops Q3 EPS by 16c, Revenues Beat; Offers FY18 EPS/Revenue Outlook

Tenet Reports Results for the Third Quarter Ended September 30, 2018

November 5, 2018 4:15 PM EST

Tenet reported a net loss from continuing operations attributable to Tenet common shareholders of $9 million or $0.09 per diluted share in the third quarter of 2018 compared to a net loss of $366 million or $3.63 per diluted share in the third quarter of 2017. After adjusting for certain items, which totaled $39 million or $0.38 per share in the third quarter of 2018, Tenet reported Adjusted diluted earnings per share from continuing operations of $0.29 in the third quarter of 2018 compared to an Adjusted diluted loss per share of $0.17 in the third quarter of 2017. Adjusted EBITDA was $577 million in... More