Tenet Reports Results for the Second Quarter Ended June 30, 2019
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Tenet Healthcare (THC) Tops Q2 EPS by 12c, Revenues Beat; Offers Q3 & FY19 EPS/Revenue Guidance
August 5, 2019 4:25 PM EDTTenet Healthcare (NYSE: THC) reported Q2 EPS of $0.56, $0.12 better than the analyst estimate of $0.44. Revenue for the quarter came in at $4.56 billion versus the consensus estimate of $4.48 billion.
Tenet reported net income from continuing operations attributable to Tenet common shareholders of $15 million or $0.14 per diluted share in the second quarter of 2019 compared to $24 million or $0.23 per diluted share in the second quarter of 2018.Adjusted diluted earnings per share from continuing operations were $0.56 in the second quarter of 2019, above the midpoint of the Companys Outlook and compared to $0.49 in the second... More