Stock Data
$5.49 (2.14%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
HEALTHCARE
Industry
MEDICAL CARE FACILITIES
Tenet Healthcare Corp is a leading healthcare services provider in the United States, offering a wide range of medical services through its hospitals and ambulatory care centers. With a focus on providing acute care, intensive and critical care, and a variety of specialized services such as cardiovascular, neurosciences, and orthopedics, Tenet is dedicated to meeting diverse healthcare needs. The company also excels in advanced procedures like cardiothoracic surgery, neonatal intensive care, and organ transplants, ensuring high-quality care for patients across many disciplines. Founded in 1967 and based in Dallas, Texas, Tenet is committed to improving lives and communities.
Tenet crushed earnings with adjusted EPS of $6.12, nearly 44% above consensus, as hospital margins expanded sharply and a $413 million contract windfall boosted profitability. Management hiked full-year Adjusted EBITDA guidance by $295 million and authorized a fresh $2 billion buyback on the strength.
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