• Tenet Healthcare Corp THC.N reported quarterly adjusted earnings of $4.02​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.31. The mean expectation of twenty one analysts for the quarter was for earnings of $2.87 per share. Wall Street expected results to range from $2.51 to $3.15 per share.

• Revenue rose 3.3% to $5.27 billion from a year ago; analysts expected $5.16 billion.

• Tenet Healthcare Corp's reported EPS for the quarter was $3.14​.

• The company reported quarterly net income of $288 million.

• Tenet Healthcare Corp shares had fallen by 0.8% this quarter and gained 38.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 8.8% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the healthcare facilities & services peer group is also "buy"

• Wall Street's median 12-month price target for Tenet Healthcare Corp is $192.00, about 9% above its last closing price of $174.65

This summary was machine generated from LSEG data July 22 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)