Tenet Healthcare (NYSE:THC) is scheduled to issue its quarterly earnings data after the market closes on Monday, April 29th. Analysts expect the company to announce earnings of $0.31 per share for the quarter.
Tenet Healthcare (NYSE:THC) last issued its quarterly earnings data on Monday, February 25th. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.24 by $0.27. Tenet Healthcare had a return on equity of 30.43% and a net margin of 0.61%. The company had revenue of $4.62 billion for the quarter, compared to analyst estimates of $4.50 billion. During the same period last year, the company earned $1.40 earnings per share. Tenet Healthcare’s quarterly revenue was down 7.2% compared to the same quarter last year. On average, analysts expect Tenet Healthcare to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of THC opened at $23.41 on Monday. The company has a current ratio of 1.20, a quick ratio of 1.12 and a debt-to-equity ratio of 21.32. Tenet Healthcare has a 12 month low of $16.60 and a 12 month high of $39.74. The company has a market capitalization of $2.41 billion, a price-to-earnings ratio of 12.59, a price-to-earnings-growth ratio of 0.45 and a beta of 1.83.
Tenet Healthcare Company Profile
Tenet Healthcare Corporation operates as a diversified healthcare services company. The company operates in three segments: Hospital Operations and Other, Ambulatory Care, and Conifer. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies.
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