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Actionable news in THC: TENET HEALTHCARE CORPORATION NEW,

Tenet Healthcare (THC) Stock Down in After-Hours Trading Despite Earnings Beat

NEW YORK (TheStreet) -- Tenet Healthcare (THC - Get Report) stock is down by 2.65% to $31.90 in after-hours trading on Monday, despite the healthcare company's strong 2015 third quarter earnings results.

Tenet Healthcare reported third quarter earnings of 29 cents per share on revenue of $4.69 billion for the most recent quarter.

Analysts surveyed by Thomson Reuters were expecting the company to report earnings of 27 cents per share on revenue of $4.66 billion.

"We delivered revenue and EBITDA consistent with our outlook for the quarter and generated strong adjusted free cash flow," Tenet Healthcare CEO...


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