Actionable news
0
All posts from Actionable news
Actionable news in THC: TENET HEALTHCARE CORPORATION NEW,

Tenet Healthcare (THC) Stock Falls in After-Hours Trading on Q3 Earnings Miss, Guidance

NEW YORK (TheStreet) -- Shares of Tenet Healthcare (THC) were retreating in after-hours trading on Monday as the Dallas-based hospital operator reported lower-than-expected 2016 third-quarter earnings and issued a fourth quarter earnings forecast that missed analysts' estimates.

After today's closing bell, Tenet posted adjusted earnings of 16 cents per share, which fell short of analysts' expected 19 cents per share.

The company posted net operating revenues of $4.85 billion, above Wall Street's projected $4.78 billion.

Tenet expects to...


More