Tenet Healthcare (THC) Tops Q1 EPS by 58c, Revenues Beat; Raises FY21 EPS Guidance, Offers FY21 Revs. View, 2Q EPS/Revs. Outlook

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Go back to Tenet Healthcare (THC) Tops Q1 EPS by 58c, Revenues Beat; Raises FY21 EPS Guidance, Offers FY21 Revs. View, 2Q EPS/Revs. Outlook

Tenet Reports First Quarter 2021 Results; Raises 2021 Financial Guidance

April 20, 2021 4:10 PM EDT

Net income from continuing operations available to common shareholders in 1Q21 of $97 million versus net income from continuing operations of $94 million in 1Q20; the 2020 quarter included a $91 million income tax benefit associated with a change in the deductibility of interest expense Consolidated Adjusted EBITDA in 1Q21 of $740 million excluding $37 million of COVID stimulus grant income, or $777 million including the grant income, versus $585 million in 1Q20 Diluted earnings per share from continuing operations available to common shareholders in 1Q21 of $0.90 compared... More