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Recap: Tenet Healthcare Q1 Earnings

Tenet Healthcare (NYSE:THC) reported its Q1 earnings results on Wednesday, April 20, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Tenet Healthcare beat estimated earnings by 85.58%, reporting an EPS of $1.93 versus an estimate of $1.04.

Revenue was down $36.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.21 which was followed by a 5.81% increase in the share price the next day.

Here's a look at Tenet Healthcare's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 1.49 1.02 1.07 0.72
EPS Actual 2.70 1.99 1.59 1.30
Revenue Estimate 5.00B 4.81B 4.78B 4.77B
Revenue Actual 4.86B 4.89B 4.95B 4.78B

To track all earnings releases for Tenet Healthcare visit their earnings calendar here..

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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