Tenet Healthcare Corp. Announces Rise In Q4 Bottom Line

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(RTTNews.com) - Tenet Healthcare Corp. ( THC ) reported a profit for its fourth quarter that rose compared to the same period last year.

The company said its bottom line totaled $143 million, or $1.40 per share. This was up from $23 million, or $0.23 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 2.5% to $4.98 billion. This was up from $4.86 billion last year.

Tenet Healthcare Corp. earnings at a glance:

-Earnings (Q4): $143 Mln. vs. $23 Mln. last year.
-Earnings Growth (Y-o-Y): 521.7%
-EPS (Q4): $1.40 vs. $0.23 last year.
-EPS Growth (Y-o-Y): 508.7%
-Revenue (Q4): $4.98 Bln vs. $4.86 Bln last year.
-Revenue Change (Y-o-Y): 2.5%


Next quarter EPS guidance: (-$0.10) - $0.05
Next quarter revenue guidance: $4.45 - $4.65 Bln
Full year EPS guidance: $0.73 to $1.07
Full year revenue guidance: $17.9 - $18.3 Bln

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This article appears in: Fundamental Analysis , World Markets , Stocks , Earnings
Referenced Symbols: THC

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