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Tenet: 2Q Earnings Snapshot

Aug 05, 2019 - Associated Press Financial Wire

DALLAS (AP) _ Tenet Healthcare Corp. (THC) on Monday reported second-quarter net income of $17 million.

On a per-share basis, the Dallas-based company said it had net income of 16 cents. Earnings, adjusted for one-time gains and costs, were 56 cents per share.

The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.

The hospital operator posted revenue of $4.56 billion in the...