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Actionable news in THC: TENET HEALTHCARE CORPORATION NEW,

Tenet Healthcare (THC) Falls in After-Hours Trading on Q2 Earnings Miss

NEW YORK (TheStreet) -- Shares of Tenet Healthcare (THC) are dropping 4.95% to $27.48 in after-hours trading on Monday after the company reported lower-than-expected 2016 second quarter earnings.

After today's closing bell, the Dallas-based healthcare services company reported adjusted earnings of 38 cents per diluted share. Analysts were looking for earnings of 52 cents per share.

The company generated net operating revenues of $4.87 billion, higher than Wall Street's estimates of $4.83 billion.

Same-hospital patient revenue grew by 4.4% year-over-year during the quarter.

"Our...


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