Tenet Healthcare: Q4 Earnings Insights


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


Shares of Tenet Healthcare (NYSE:THC) rose in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 376.77% over the past year to $4.72, which beat the estimate of $1.70.

Revenue of $4,915,000,000 rose by 2.27% from the same period last year, which beat the estimate of $4,890,000,000.

Guidance

Q1 EPS expected to be between $0.23 and $0.93.

Q1 revenue expected between $4,600,000,000 and $4,800,000,000.

Recent Stock Performance

52-week high: $52.59

52-week low: $10.00

Price action over last quarter: Up 90.16%

Company Profile

Tenet Healthcare is a Dallas-based healthcare provider organization operating a collection of hospitals (65) and many outpatient facilities, including ambulatory surgery centers, urgent care centers, freestanding imaging centers, freestanding emergency rooms/micro-hospitals, and physician practices across the United States. Tenet enjoys the number-one ambulatory surgical center position nationwide through its nearly full stake in United Surgical Partners International.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: EarningsBZI-Recaps