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Stock impact report

Tenet Reports First Quarter 2024 Results Well in Excess of Guidance; Raises 2024 Financial Outlook

Tenet Healthcare Corporation (THC) 
Last tenet healthcare corporation earnings: 2/24 04:21 pm Check Earnings Report
US:NYSE Investor Relations: investor.tenethealth.com
Company Research Source: Business Wire
Net income from continuing operations available to common shareholders in first quarter 2024 was $2.151 billion, or $21.38 per diluted share, including an after-tax gain of $1.856 billion, or $18.45 per diluted share, associated with previously announced hospital divestituresAdjusted diluted earnings per share from continuing operations1 was $3.22 in first quarter 2024Consolidated Adjusted EBITDA1 in first quarter 2024 of $1.024 billion increased 23.1% over first quarter 2023First quarter 2024 Ambulatory Care Adjusted EBITDA of $394 million increased 15.9% over first quarter 2023FY 2024 Adjusted EBITDA Outlook now expected to be in the range of $3.5 billion to $3.7 billion, a $215 million increase DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (Tenet) (NYSE: THC) today announced its results for the quarter ended March 31, 2024."We have had an outstanding start to the year highlighted by strong growth in revenues, admissions, and profitability," said Saum Sutaria, M.D., Chair Show less Read more
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