Tenet Healthcare (THC) PT Raised to $160 at Deutsche Bank

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Go back to Tenet Healthcare (THC) PT Raised to $160 at Deutsche Bank

Tenet Reports Strong Second Quarter 2024 Results; Raises 2024 Financial Outlook

July 24, 2024 6:45 AM EDT

Net income available to common shareholders in second quarter 2024 was $259 million, or $2.64 per diluted share Adjusted diluted earnings per share1 was $2.31 in second quarter 2024 Consolidated Adjusted EBITDA1 in second quarter 2024 of $945 million increased 12.1% over second quarter 2023 Second quarter 2024 Ambulatory Care Adjusted EBITDA of $447 million increased 20.8% over second quarter 2023 Board of Directors has authorized a new $1.5 billion share repurchase program FY 2024 Adjusted EBITDA Outlook now expected to be in the range of $3.825 billion to $3.975 billion, a $300 million increase; FY 2024... More