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Investing.com – Tenet Healthcare reported on Thursday third quarter that beat analysts’ forecasts and revenue that was inline with expectations.
Tenet Healthcare announced earnings per share of $1.44 on revenue of $4.80. Analysts polled by Investing.com anticipated EPS of $1.26 on revenue of $4.8B.
Tenet Healthcare shares are down 33.48% from the beginning of the year and are trading at $49.68 , down-from-52-week-high.
Tenet Healthcare shares lost 8.58% in after-hours trade the report.
Tenet Healthcare follows other major Healthcare sector earnings this month
Tenet Healthcare’s report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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