Tenet Healthcare Corp.

NYSE:THC   3:59:54 PM EDT
72.12
+0.91 (+1.28%)
4:00:00 PM EDT: $72.11 -0.01 (-0.01%)
Positive Earnings Pre-Announcement

Tenet Reports Second Quarter 2021 Results Raises 2021 Financial Guidance

Published: 07/21/2021 20:26 GMT
Tenet Healthcare Corp. (THC) - Tenet Reports Second Quarter 2021 Results; Raises 2021 Financial Guidance.
Q2 Adjusted Earnings per Share $1.59 From Continuing Operations.
Q2 Earnings per Share $1.11 From Continuing Operations.
Q2 Earnings per Share Estimate $1.07 -- Refinitiv Ibes Data (analyst estimates).
Quarterly Net Operating Revenues $4,954 Million, Up 35.8%.
Qtrly Hospital Segment Net Patient Service Revenues $3,749 Million Versus $2,816 Million.
Sees FY 2021 Net Operating Revenues in Range of $19,250 Million to $19,650 Million.
Sees Q3 Net Operating Revenues in Range of $4,600 Million to $4,800 Million.
Tenet Healthcare- FY 2021 Net Income From Continuing Operations Outlook Range Now $6.25 to $7.17 per Diluted Share (previously $2.98 to $4.69 per Share).
Tenet Healthcare- FY 2021 Adjusted EBITDA Outlook Range Now $3.150 Billion to $3.250 Billion (previously $3.000 Billion to $3.200 Billion.
Tenet Healthcare- FY 2021 Adjusted Diluted Earnings per Share Outlook Range Now $5.23 to $5.73.
Sees Q3 Diluted Income per Common Share From Continuing Operations in Range of $3.07 to $3.44.
Q2 Revenue View $4.79 Billion -- Refinitiv Ibes Data (analyst estimates).
Sees Q3 Adjusted Diluted Earnings per Share From Continuing Operations in Range of $0.73 to $1.06.
Revenue is expected to be $4.78 Billion
Adjusted EPS is expected to be $0.98

Next Quarter Revenue Guidance is expected to be $5.07 Billion
Next Quarter EPS Guidance is expected to be $1.67

More details on our Analysts Page.