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Market Overview

Tenet Healthcare: Q4 Earnings Insights

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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.

 

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Posted-In: BZI-RecapsEarnings