==Tenet Healthcare (THC) reported earnings on Tue 30 Apr 24 (b/o)

 

Tenet Healthcare beats by $1.77, beats on revs; guides Q2 EPS above consensus, revs in-line; guides FY24 EPS above consensus, revs in-line

• Reports Q1 (Mar) earnings of $3.22 per share, excluding non-recurring items, $1.77 better than the FactSet Consensus of $1.45; revenues rose 6.9% year/year to $5.37 bln vs the $5.15 bln FactSet Consensus.
• Co issues guidance for Q2, sees EPS of $1.58-$1.98, excluding non-recurring items, vs. $1.46 FactSet Consensus; sees Q2 revs of $4.90-$5.1 bln vs. $4.94 bln FactSet Consensus.
• Co issues guidance for FY24, sees EPS of $8.37-$9.41, excluding non-recurring items, vs. $6.25 FactSet Consensus; sees FY24 revs of $20.0-$20.4 bln vs. $20.27 bln FactSet Consensus.