S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Tenet Healthcare (THC) Earnings Date, Estimates & Call Transcripts

$93.23
+2.15 (+2.36%)
(As of 04/19/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Apr. 30
Before Market Opens
Confirmed
Actual EPS
(Feb. 8)
$2.68 Beat By $1.10
Consensus EPS
(Feb. 8)
$1.58
Skip Charts & View Estimated and Actual Earnings Data

THC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

THC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Tenet Healthcare Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20243$1.31$1.63$1.491.240 - 1.620
Q2 20243$1.30$1.61$1.47 
Q3 20243$1.08$1.34$1.23 
Q4 20243$1.89$2.21$2.06 
FY 202412$5.58$6.79$6.24 
Q1 20251$1.67$1.67$1.67 
Q2 20251$1.52$1.52$1.52 
Q3 20251$1.41$1.41$1.41 
Q4 20251$1.99$1.99$1.99 
FY 20254$6.59$6.59 $6.59

THC Earnings Date and Information

Tenet Healthcare last announced its quarterly earnings results on February 8th, 2024. The reported $2.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $1.10. The firm had revenue of $5.38 billion for the quarter, compared to analyst estimates of $5.28 billion. Its revenue for the quarter was up 7.8% on a year-over-year basis. Tenet Healthcare has generated $5.71 earnings per share over the last year ($5.71 diluted earnings per share) and currently has a price-to-earnings ratio of 16.3. Earnings for Tenet Healthcare are expected to grow by 6.51% in the coming year, from $6.30 to $6.71 per share. Tenet Healthcare has confirmed that its next quarterly earnings report will be published on Tuesday, April 30th, 2024. Tenet Healthcare will be holding an earnings conference call on Tuesday, April 30th at 10:00 AM Eastern. Interested parties can register for or listen to the call..

Tenet Healthcare Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
4/30/2024
Confirmed)
-------  
2/8/2024Q4 2023$1.58$2.68+$1.10$3.06$5.28 billion$5.38 billion    
10/30/2023Q3 2023$1.20$1.44+$0.24$1.94$5.02 billion$5.07 billion      
7/31/2023Q2 2023$1.26$1.44+$0.18$1.73$4.91 billion$5.08 billion      
4/25/2023Q1 2023$1.16$1.42+$0.26$1.52$4.85 billion$5.02 billion    
2/9/2023Q4 2022$1.27$1.96+$0.69$3.00$4.94 billion$4.99 billion    
10/20/2022Q3 2022$1.28$1.44+$0.16$1.72$4.80 billion$4.80 billion    
7/21/2022Q2 2022$0.72$1.50+$0.78$2.65$4.84 billion$4.64 billion    
4/20/2022Q1 2022$1.04$1.93+$0.89$2.58$4.74 billion$4.75 billion    
2/7/2022Q4 2021$1.56$2.70+$1.14$3.11$5.01 billion$4.86 billion    
10/19/2021Q3 2021$1.09$1.99+$0.90($0.15)$4.84 billion$4.89 billion    
7/20/2021Q2 2021$1.07$1.59+$0.52$2.08$4.78 billion$4.95 billion    
4/19/2021Q1 2021$0.80$1.30+$0.50$1.70$4.73 billion$4.78 billion  

Tenet Healthcare Earnings - Frequently Asked Questions

When is Tenet Healthcare's earnings date?

Tenet Healthcare has confirmed that its next quarterly earnings data will be published on Tuesday, April 30th, 2024. Learn more on THC's earnings history.

Did Tenet Healthcare beat their earnings estimates last quarter?

In the previous quarter, Tenet Healthcare (NYSE:THC) reported $2.68 earnings per share (EPS) to beat the analysts' consensus estimate of $1.58 by $1.10. Learn more on analysts' earnings estimate vs. THC's actual earnings.

How can I listen to Tenet Healthcare's earnings conference call?

The conference call for Tenet Healthcare's latest earnings report can be listened to online. Listen to Conference Call

How can I read Tenet Healthcare's conference call transcript?

The conference call transcript for Tenet Healthcare's latest earnings report can be read online. Read Transcript

How much revenue does Tenet Healthcare generate each year?

Tenet Healthcare (NYSE:THC) has a recorded annual revenue of $20.55 billion.

How much profit does Tenet Healthcare generate each year?

Tenet Healthcare (NYSE:THC) has a recorded net income of $611 million. THC has generated $5.71 earnings per share over the last four quarters.

What is Tenet Healthcare's price-to-earnings ratio?

Tenet Healthcare (NYSE:THC) has a trailing price-to-earnings ratio of 16.28 and a forward price-to-earnings ratio of 14.76. The price/earnings-to-growth ratio is 3.08.

What is Tenet Healthcare's EPS forecast for next year?

Tenet Healthcare's earnings are expected to grow from $6.30 per share to $6.71 per share in the next year, which is a 6.51% increase.


More Earnings Resources from MarketBeat

This page (NYSE:THC) was last updated on 4/19/2024 by MarketBeat.com Staff

From Our Partners