Q3 Outlook: Tenet Healthcare Forecasts Q3 2024 Adjusted EPS Of $2.16-$2.58 Compared To Consensus Of $1.67, Revenues Of $5B-$5.1B Compared To Consensus Of $4.89B
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Tenet Healthcare has released its Q3 2024 outlook, forecasting adjusted EPS of $2.16-$2.58, significantly higher than the consensus of $1.67. The company also expects revenues of $5B-$5.1B, compared to the consensus of $4.89B.
July 24, 2024 | 10:59 am
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Tenet Healthcare's Q3 2024 outlook shows a strong performance with adjusted EPS forecasted at $2.16-$2.58, well above the consensus of $1.67. Revenue expectations are also higher at $5B-$5.1B compared to the consensus of $4.89B.
The significant beat in both EPS and revenue forecasts compared to consensus estimates suggests strong financial performance and could lead to a positive short-term impact on Tenet Healthcare's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100