Tenet Healthcare (THC) reported Q1 adjusted earnings Tuesday of $4.36 per diluted share, up from $3.22 a year earlier.
Analysts polled by FactSet expected $3.12.
Net operating revenue for the quarter ended March 31 was $5.22 billion, compared with $5.37 billion a year earlier.
Analysts surveyed by FactSet expected $5.14 billion.
For 2025, the company raised its adjusted EPS guidance to now be between $11.99 and $13.12 from the prior guidance of between $11.74 and $12.84. Analysts polled by FactSet expect $12.15.
Full-year revenue is still projected to be between $20.60 billion and $21 billion. Analysts surveyed by FactSet expect $20.89 billion.
Shares of the company rose more than 5% in premarket activity.
Price: 130.50, Change: +6.59, Percent Change: +5.32
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