Tenet Healthcare (THC) Tops Q3 EPS by 24c, Offers Guidance

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Tenet Reports Third Quarter 2023 Results; Raises 2023 Outlook

October 30, 2023 4:05 PM EDT

Net income from continuing operations available to common shareholders in third quarter 2023 was $101 million, or $0.94 per diluted share Adjusted diluted earnings per share from continuing operations1 was $1.44 in third quarter 2023 Consolidated Adjusted EBITDA1 in third quarter 2023 was $854 million, including $3 million of grant income Third quarter 2023 Ambulatory Care Adjusted EBITDA of $370 million increased 16.0% over third quarter 2022 Same-facility system-wide ambulatory surgical cases increased 4.1% versus third quarter 2022; Same-hospital admissions increased 0.6% versus... More