Tenet Reports Third Quarter 2022 Results; Announces $1 Billion Share Repurchase Program

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Tenet Healthcare (THC) Tops Q3 EPS by 18c; $1B Buyback Announced

October 20, 2022 4:08 PM EDT

Tenet Healthcare (NYSE: THC) reported Q3 EPS of $1.44, $0.18 better than the analyst estimate of $1.26. Revenue for the quarter came in at $4.8 billion versus the consensus estimate of $4.8 billion.

Board of Directors has authorized a $1 billion share repurchase program.

GUIDANCE:

FY 2022... More