Tenet Healthcare (THC) Tops Q4 EPS, To Retire $700M in Debt
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Tenet Reports Strong Fourth Quarter and FY 2021 Results; Announces Plan to Retire $700 Million of Debt; Provides Detailed 2022 Financial Outlook
February 7, 2022 4:10 PM ESTNet income from continuing operations available to common shareholders in Q421 of $250 million ($153 million excluding grant income) versus net income from continuing operations of $414 million in Q420 ($89 million excluding grant income) Consolidated Adjusted EBITDA in Q421 of $1.017 billion ($877 million excluding $140 million of grant income) versus $1.278 billion in Q420 ($832 million excluding $446 million of grant income) Diluted earnings per share from continuing operations available to common shareholders in Q421 of $2.30 ($1.41 per share excluding grant income) compared to $3.86 in Q420 ($0.83 per share excluding grant income); Adjusted diluted earnings per share from continuing operations of $2.70 in Q421... More
