Tenet Healthcare Corp. (THC) reported a third-quarter net loss attributable to shareholders of $3 million compared to profit of $104 million last year. Loss per share attributable to shareholders was $0.01 compared to profit of $0.22 per share a year ago.
Income from continuing operations, before discontinued operations, was $4 million or breakeven per share compared to $120 million or $0.25 per share last year.
On average, 19 analysts polled by Thomson Reuters expected the company to report a loss of $0.02 per share for the quarter. Analysts' estimates typically exclude special items.
Net operating revenues increased to $2.262 billion from $2.140 billion last year. Analysts expected revenue of $2.25 billion for the quarter.
The company expects fiscal 2009 net income attributable to shareholders in a range of $66 million-$130 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.