Published on 1 May 2024 on Zacks via Yahoo Finance
Tenet Healthcare (THC) Beats on Q1 Earnings, Ups '24 EPS View
Tenet Healthcare Corporation THC reported first-quarter 2024 adjusted earnings per share (EPS) of $3.22, which surpassed the Zacks Consensus Estimate by a whopping 122.1% and crossed management’s expectation of $1.24-$1.62. The bottom line more than doubled year over year.
Net operating revenues advanced 6.9% year over year to $5.4 billion and exceeded management’s guidance of $5-$5.2 billion. The top line beat the consensus mark by 4.4%.