Tenet Healthcare Corp. (THC) posted lower first-quarter net income attributable to common shareholders of $58.0 million or $0.13 per share, versus $73.0 million or $0.14 per share last year. On average, 16 analysts polled by Thomson Reuters expected earnings per share of $0.08 for the quarter. Analysts' estimates typically exclude one-time items.
Net operating revenues totaled $2.35 billion, compared with $2.30 billion in the year earlier period, up by 2.2%. Analysts estimated revenues of $2.49 billion for the quarter.
Adjusted EBITDA amounted to $314 million for the latest quarter, a decrease from $379 million in the comparable period prior year.
On April 26, Tenet raised its 2012 Adjusted EBITDA forecast to a new range of $1.250 billion - $1.375 billion, an increase of $25 million.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.