Tenet Healthcare Corporation (NYSE: THC) Sees Impressive Stock Surge Following Strong Earnings Report

Core Viewpoint - Tenet Healthcare Corporation (NYSE: THC) is experiencing significant stock performance improvements following a strong earnings report, with analysts projecting further growth potential. Group 1: Stock Performance - Tenet Healthcare's stock increased by 11.8%, reaching a high of $216.04 after the earnings report [2][5] - The current trading price of THC is $226.35, reflecting a 17.26% increase or $33.31 [4] - The stock has fluctuated between a low of $186.50 and a high of $229 today, with $229 being the highest price over the past year [4] Group 2: Financial Performance - The company's earnings report revealed an EPS of $4.70 for the quarter, surpassing analysts' consensus estimates of $4.05 by $0.65 [3][5] - Tenet Healthcare achieved a net margin of 6.49% and a return on equity of 25.11% [3] - Revenue increased by 8.9% compared to the same quarter last year, indicating strong financial health [3] Group 3: Analyst Projections - RBC Capital set a new price target of $277 for THC, suggesting a potential 22.38% increase from its current price [1][5]