Tenet: Q1 Earnings Snapshot
By Ap News
Published - Apr 30, 2024, 07:03 AM ET
Last Updated - Apr 30, 2024, 07:03 AM EDT
DALLAS (AP) — DALLAS (AP) — Tenet Healthcare Corp. (THC) on Tuesday reported first-quarter earnings of $2.15 billion.
On a per-share basis, the Dallas-based company said it had net income of $21.38. Earnings, adjusted for one-time gains and costs, came to $3.22 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.45 per share.
The hospital operator posted revenue of $5.37 billion in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $5.14 billion.
