Tenet Healthcare 4Q Revenue Slides After Divestitures

Dow Jones

12 Feb

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.

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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,"code":"91000000","status":"200"}}}