WASHINGTON (dpa-AFX) - Tenet Healthcare Corp. (THC) revealed a profit for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line totaled $318 million, or $3.32 per share. This compares with $244 million, or $2.30 per share, last year.
Excluding items, Tenet Healthcare Corp. reported adjusted earnings of $330 million or $3.44 per share for the period.
Analysts on average had expected the company to earn $2.83 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 5.7% to $5.072 billion from $5.379 billion last year.
Tenet Healthcare Corp. earnings at a glance (GAAP) :
-Earnings: $318 Mln. vs. $244 Mln. last year. -EPS: $3.32 vs. $2.30 last year. -Revenue: $5.072 Bln vs. $5.379 Bln last year.
Copyright(c) 2025 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2025 AFX News
