Page 10 TENET HEALTHCARE CORPORATION CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------------------------------------------------------------|-------|---------|---------|--------|---------------------|-----------|----------| | (Dollars in millions, except per share amounts) | | 2024 | Six \n% | Months | Ended June \n2023 | 30, \n% | Change | | Net operating revenues | $ | 10,471 | 100.0 | % | $ 10,103 | 100.0 % | 3.6 % | ...

The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. As such, the Zacks rating upgrade for Tenet is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price. The change in a company's future earnings potential, as reflected in earnings estimate revisions, ...

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. What are the Zacks Style Scores? Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance t ...

Market participants will be closely following the financial results of Tenet Healthcare in its upcoming release. The company plans to announce its earnings on July 24, 2024. The company is forecasted to report an EPS of $1.89, showcasing a 31.25% upward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $4.98 billion, down 2.03% from the yearago period. Additionally, investors should keep an eye on any recent revisions to ...

The Zacks Consensus Estimate for second-quarter earnings is currently pegged at $1.89 per share, implying solid growth of 31.3% from the year-ago reported number. The estimate has been revised upward by 6 cents over the past 30 days. The Zacks Consensus Estimate for second-quarter revenues is currently pegged at almost $5 billion, which, however, suggests a 2% fall from the year-ago actuals. Image Source: Zacks Investment Research Factors Shaping THC's Q2 Results With seniors continuing resumption of electi ...

THC's full-year Zacks Consensus Estimates are calling for earnings of $8.70 per share and revenue of $20.35 billion. These results would represent year-over-year changes of +24.64% and -0.95%, respectively. The most recent trading session ended with Tenet Healthcare (THC) standing at $131.75, reflecting a -1.26% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily loss of 0.78%. Elsewhere, the Dow lost 1.29%, while the tech-heavy Nasdaq lost 0.7%. Analysts and ...

Tenet Healthcare (THC) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this hospital operator have returned -3% over the past month versus the Zacks S&P 500 composite's +2.1% change. The Zacks Medical - Hospital industry, to which Tenet belongs, has lost 3.5% over this period. Now the key question is: Where could the stock be headed in the near term? Whi ...

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 24. On the other hand, if they miss, the stock may move lower. Zacks Consensus Estimate Revenues are expected to be $4.98 billion, down 2% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 2.62% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassesse ...

The latest trading session saw Tenet Healthcare (THC) ending at $134.39, denoting a +0.49% adjustment from its last day's close. The stock lagged the S&P 500's daily gain of 0.55%. Elsewhere, the Dow gained 0.62%, while the tech-heavy Nasdaq added 0.63%. The upcoming earnings release of Tenet Healthcare will be of great interest to investors. The company's earnings report is expected on July 24, 2024. The company's earnings per share (EPS) are projected to be $1.84, reflecting a 27.78% increase from the sam ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. What are the Zacks Style Scores? The Style Scores are broken down into four categories: Growth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and histori ...