Tenet Healthcare (THC) said its fiscal 2024 adjusted EBITDA is now expected to be in the range of $3.5 billion to $3.7 billion, a $215 million increase. Adjusted earnings per share from continuing operations for fiscal 2024 is anticipated in a range of $8.37 to $9.41. Net operating revenues is expected in a range of $20.0 billion to $20.4 billion.
The company expects second quarter adjusted earnings per share from continuing operations in a range of $1.58 to $1.98. Net operating revenues is expected in a range of $4.90 billion to $5.10 billion.
First quarter net income from continuing operations available to common shareholders was $2.15 billion, or $21.38 per share, including an after-tax gain of $1.856 billion, or $18.45 per share, associated with previously announced hospital divestitures. This is compared to net income from continuing operations of $143 million or $1.32 per share, previous year. Adjusted earnings per share from continuing operations was $3.22 compared to $1.42. First quarter net operating revenues increased to $5.37 billion from $5.02 billion.
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Business News
April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.