Tenet Healthcare's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Tenet Healthcare (NYSE:THC) is scheduled to release its quarterly earnings report on February 8, 2024, with analysts expecting an EPS of $1.58. The company's past performance shows a consistent beat on EPS estimates, leading to positive stock price movements. Shares are currently trading at $88.44, marking a 57.68% increase over the last 52 weeks. Investors are optimistic but will be closely watching the company's guidance for future growth.
February 07, 2024 | 5:01 pm
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Tenet Healthcare is expected to report an EPS of $1.58 for the upcoming quarter, with a history of surpassing EPS estimates leading to positive stock movements. Shares have significantly appreciated over the past year.
Given Tenet Healthcare's history of exceeding EPS estimates and the subsequent positive impact on its stock price, there is a strong likelihood of a positive short-term impact on THC's stock price if the trend continues. The anticipation of positive guidance for future growth further supports this outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100