=Tenet Healthcare (THC) reported earnings on Mon 25 Feb 19 (a/h)

Tenet Healthcare beats by $0.22, beats on revs; guides Q1 EPS below consensus, revs in-line; guides FY19 above consensus 

• Reports Q4 (Dec) earnings of $0.51 per share, excluding non-recurring items, $0.22 better than the S&P Capital IQ Consensus of $0.29; revenues fell 7.2% year/year to $4.62 bln vs the $4.5 bln S&P Capital IQ Consensus; same-facility system-wide revenue grew 3.8 percent, with cases up 0.9 percent and revenue per case up 2.8 percent.
• Co issues guidance for Q1, sees EPS of $0.10-0.43, excluding non-recurring items, vs. $0.46 S&P Capital IQ Consensus; sees Q1 revs of $4.3-4.6 bln vs. $4.57 bln S&P Capital IQ Consensus.
• Co issues upside guidance for FY19, sees EPS of $2.08-2.59, excluding non-recurring items, vs. $1.94 S&P Capital IQ Consensus; sees FY19 revs of $18.0-18.4 bln vs. $18.07 bln S&P Capital IQ Consensus.