Tenet Health(THC)

Search documents
Tenet Health(THC) - 2024 Q3 - Quarterly Results
2024-10-29 10:46
Exhibit 99.1 https://files.reportify.cc/m Tenet Reports Strong Third Quarter 2024 Results; Raises 2024 Financial Outlook • Net income available to common shareholders in third quarter 2024 was $472 million, or $4.89 per diluted share, including an after-tax gain of $209 million, or $2.16 per diluted share, primarily associated with previously announced hospital divestitures • Adjusted diluted earnings per share was $2.93 in third quarter 2024 • Consolidated Adjusted EBITDA in third quarter 2024 of $978 mill ...
Stay Ahead of the Game With Tenet (THC) Q3 Earnings: Wall Street's Insights on Key Metrics
ZACKS· 2024-10-28 14:21
Wall Street analysts forecast that Tenet Healthcare (THC) will report quarterly earnings of $2.33 per share in its upcoming release, pointing to a year-over-year increase of 61.8%. It is anticipated that revenues will amount to $5.05 billion, exhibiting a decline of 0.4% compared to the year-ago quarter. Over the last 30 days, there has been an upward revision of 0.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration ...
A Dose of Growth? Why Tenet Healthcare Could be a Buy Pre-Q3 Earnings
ZACKS· 2024-10-25 16:50
Hospital company Tenet Healthcare Corporation (THC) is set to report its third-quarter 2024 results on Oct. 29, 2024, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and revenues is pegged at $2.33 per share and $5.05 billion, respectively.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The earnings estimate for the to-be-reported quarter has remained stable over the past 60 days. The bottom-line projection indicates year-over-year gro ...
Bargain or Bust? Decoding Tenet Healthcare Stock's Lower Valuation
ZACKS· 2024-10-18 16:10
Hospital company Tenet Healthcare Corporation (THC) is trading comparatively cheap at the moment from a valuation standpoint. Its forward earnings multiple of 14.75 is lower than the industry average of 16.18. The stock also looks attractively valued relative to other medical facility operators like HCA Healthcare, Inc. (HCA) and Encompass Health Corporation (EHC) , with forward 12-month P/E of 16.62X and 21.33X. Tenet Healthcare has a Value Score of A. Zacks Investment Research Image Source: Zacks Investme ...
Tenet Healthcare (THC) Declines More Than Market: Some Information for Investors
ZACKS· 2024-10-17 23:21
In the latest market close, Tenet Healthcare (THC) reached $161.71, with a -1.41% movement compared to the previous day. The stock's performance was behind the S&P 500's daily loss of 0.02%. On the other hand, the Dow registered a gain of 0.38%, and the technology-centric Nasdaq increased by 0.04%. Shares of the hospital operator witnessed a gain of 1.84% over the previous month, beating the performance of the Medical sector with its loss of 4.19% and underperforming the S&P 500's gain of 3.77%. Analysts an ...
Tenet Healthcare (THC) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-10-10 23:20
Tenet Healthcare (THC) closed the most recent trading day at $152.78, moving -0.84% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.21%. Elsewhere, the Dow saw a downswing of 0.14%, while the tech-heavy Nasdaq depreciated by 0.05%. Prior to today's trading, shares of the hospital operator had lost 2.28% over the past month. This has was narrower than the Medical sector's loss of 3.28% and lagged the S&P 500's gain of 5.94% in that time. The investment comm ...
Tenet Healthcare (THC) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2024-10-04 23:05
Tenet Healthcare (THC) closed the latest trading day at $156.57, indicating a -0.11% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.9%. Elsewhere, the Dow saw an upswing of 0.81%, while the tech-heavy Nasdaq appreciated by 1.22%. The the stock of hospital operator has fallen by 3.24% in the past month, leading the Medical sector's loss of 4.05% and undershooting the S&P 500's gain of 3.15%. The upcoming earnings release of Tenet Healthcare will be of g ...
Is It Worth Investing in Tenet (THC) Based on Wall Street's Bullish Views?
ZACKS· 2024-10-01 14:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Tenet Healthcare (THC) . Tenet currently has an average brokerag ...
Tenet (THC) Shows Fast-paced Momentum But Is Still a Bargain Stock
ZACKS· 2024-10-01 13:50
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potent ...
Tenet Healthcare (THC) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-09-30 23:16
Tenet Healthcare (THC) closed at $166.20 in the latest trading session, marking a +1.83% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.42%. Meanwhile, the Dow gained 0.04%, and the Nasdaq, a tech-heavy index, added 0.38%. Prior to today's trading, shares of the hospital operator had lost 1.58% over the past month. This has was narrower than the Medical sector's loss of 2.49% and lagged the S&P 500's gain of 2.06% in that time. The investment community will be closely monitoring t ...