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Actionable news in THC: TENET HEALTHCARE CORPORATION NEW,

Tenet reports 1Q loss

DALLAS (AP) _ Tenet Healthcare Corp. (THC) on Monday reported a first-quarter loss of $59 million, after reporting a profit in the same period a year earlier.

The Dallas-based company said it had a loss of 60 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 45 cents per share.

The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 33 cents...


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