Tenet Healthcare Q3 2024 Adj EPS $2.93 Beats $2.37 Estimate, Sales $5.12B Beat $5.05B Estimate
Portfolio Pulse from Benzinga Newsdesk
Tenet Healthcare (NYSE:THC) reported Q3 2024 earnings of $2.93 per share, surpassing the $2.37 estimate and marking a 103.47% increase from last year. Sales reached $5.12 billion, beating the $5.05 billion estimate and showing a 1.11% increase from the previous year.
October 29, 2024 | 10:46 am
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Tenet Healthcare's Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $2.93 and sales at $5.12 billion. This strong performance indicates positive momentum for the company.
The significant beat on both EPS and sales estimates, along with a substantial year-over-year increase in EPS, suggests strong operational performance and potential positive investor sentiment, likely driving the stock price up in the short term.
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