Tenet Healthcare Sees Q3 Adj. EPS $0.94-$1.28., Revenues $4.9B-$5.1B; Sees FY23 Adj. EPS $5.18-$6.03, Revenues $20.1B-$20.5B
Portfolio Pulse from Benzinga Newsdesk
Tenet Healthcare has provided its Q3 and FY23 guidance. It expects Q3 adjusted EPS to be between $0.94 and $1.28, with revenues ranging from $4.9B to $5.1B. For FY23, the company anticipates adjusted EPS to be between $5.18 and $6.03, with revenues projected to be between $20.1B and $20.5B.
July 31, 2023 | 8:27 pm
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NEUTRAL IMPACT
Tenet Healthcare's Q3 and FY23 earnings guidance may influence its stock price. The company expects Q3 EPS of $0.94-$1.28 and revenues of $4.9B-$5.1B. For FY23, it anticipates EPS of $5.18-$6.03 and revenues of $20.1B-$20.5B.
The company's earnings guidance is a key factor that investors consider when making investment decisions. If the actual earnings align with the guidance, it could maintain investor confidence and stability in the stock price. However, if the company fails to meet these projections, it could lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100