Tenet Healthcare 4Q Revenue Slides After Divestitures

Dow Jones

Feb 12, 2025

By Dean Seal

Tenet Healthcare recorded lower revenue but stronger earnings in the fourth quarter after it divested 14 hospitals last year.

The operator of hospitals and surgery centers posted a profit of $318 million, or $3.32 a share, for the final three months of 2024. That's up from $244 million, or $2.30 a share, in the year-ago quarter.

Adjusted earnings, which strip out one-time items, were $3.44 a share, beating analyst projections for $2.95 a share, according to FactSet.

Revenue fell 5.7% to $5.07 billion, missing analyst forecasts for $5.17 billion..

The Dallas-based company said it expects $20.6 billion to $21 billion in revenue for 2025, compared with $20.67 billion in 2024 and below current analyst estimates for $21.25 billion, according to FactSet.

Adjusted earnings meanwhile are expected to hit $11.74 to $12.84 a share, above current targets for $11.42 a share.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

February 12, 2025 07:12 ET (12:12 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2510373552"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2510373552\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2510373552?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-12 20:12","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2510373552","market":"us","top_or_hot":-1,"title":"Tenet Healthcare 4Q Revenue Slides After Divestitures","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n     By Dean Seal \n</p>\n<pre>\n \n</pre>\n<p>\n  Tenet Healthcare recorded lower revenue but stronger earnings in the fourth quarter after it divested 14 hospitals last year. \n</p>\n<p>\n  The operator of hospitals and surgery centers posted a profit of $318 million, or $3.32 a share, for the final three months of 2024. That's up from $244 million, or $2.30 a share, in the year-ago quarter. \n</p>\n<p>\n  Adjusted earnings, which strip out one-time items, were $3.44 a share, beating analyst projections for $2.95 a share, according to FactSet. \n</p>\n<p>\n  Revenue fell 5.7% to $5.07 billion, missing analyst forecasts for $5.17 billion.. \n</p>\n<p>\n  The Dallas-based company said it expects $20.6 billion to $21 billion in revenue for 2025, compared with $20.67 billion in 2024 and below current analyst estimates for $21.25 billion, according to FactSet. \n</p>\n<p>\n  Adjusted earnings meanwhile are expected to hit $11.74 to $12.84 a share, above current targets for $11.42 a share. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Dean Seal at dean.seal@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 12, 2025 07:12 ET (12:12 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tenet Healthcare 4Q Revenue Slides After Divestitures</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTenet Healthcare 4Q Revenue Slides After Divestitures\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-12 20:12</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n     By Dean Seal \n</p>\n<pre>\n \n</pre>\n<p>\n  Tenet Healthcare recorded lower revenue but stronger earnings in the fourth quarter after it divested 14 hospitals last year. \n</p>\n<p>\n  The operator of hospitals and surgery centers posted a profit of $318 million, or $3.32 a share, for the final three months of 2024. That's up from $244 million, or $2.30 a share, in the year-ago quarter. \n</p>\n<p>\n  Adjusted earnings, which strip out one-time items, were $3.44 a share, beating analyst projections for $2.95 a share, according to FactSet. \n</p>\n<p>\n  Revenue fell 5.7% to $5.07 billion, missing analyst forecasts for $5.17 billion.. \n</p>\n<p>\n  The Dallas-based company said it expects $20.6 billion to $21 billion in revenue for 2025, compared with $20.67 billion in 2024 and below current analyst estimates for $21.25 billion, according to FactSet. \n</p>\n<p>\n  Adjusted earnings meanwhile are expected to hit $11.74 to $12.84 a share, above current targets for $11.42 a share. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Dean Seal at dean.seal@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 12, 2025 07:12 ET (12:12 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"THC","symbol_name":"泰尼特","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2510373552","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2510373552","pubTimestamp":1739362320,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Tenet Healthcare recorded lower revenue but stronger earnings in the fourth quarter after it divested 14 hospitals last year.The operator of hospitals and surgery centers posted a profit of $318 million, or $3.32 a share, for the final three months of 2024. That's up from $244 million, or $2.30 a share, in the year-ago quarter.Adjusted earnings, which strip out one-time items, were $3.44 a share, beating analyst projections for $2.95 a share, according to FactSet.Revenue fell 5.7% to $5.07 billion, missing analyst forecasts for $5.17 billion..The Dallas-based company said it expects $20.6 billion to $21 billion in revenue for 2025, compared with $20.67 billion in 2024 and below current analyst estimates for $21.25 billion, according to FactSet.Adjusted earnings meanwhile are expected to hit $11.74 to $12.84 a share, above current targets for $11.42 a share.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"THC":"泰尼特"},"translate_title":"Tenet Healthcare剥离后第四季度收入下滑","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"THC":1},"content_text":"By Dean Seal \n\n\n \n\n\n  Tenet Healthcare recorded lower revenue but stronger earnings in the fourth quarter after it divested 14 hospitals last year. \n\n\n  The operator of hospitals and surgery centers posted a profit of $318 million, or $3.32 a share, for the final three months of 2024. That's up from $244 million, or $2.30 a share, in the year-ago quarter. \n\n\n  Adjusted earnings, which strip out one-time items, were $3.44 a share, beating analyst projections for $2.95 a share, according to FactSet. \n\n\n  Revenue fell 5.7% to $5.07 billion, missing analyst forecasts for $5.17 billion.. \n\n\n  The Dallas-based company said it expects $20.6 billion to $21 billion in revenue for 2025, compared with $20.67 billion in 2024 and below current analyst estimates for $21.25 billion, according to FactSet. \n\n\n  Adjusted earnings meanwhile are expected to hit $11.74 to $12.84 a share, above current targets for $11.42 a share. \n\n\n \n\n\n  Write to Dean Seal at dean.seal@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 12, 2025 07:12 ET (12:12 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}