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Tenet: Q2 Earnings Snapshot
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DALLAS (AP) — DALLAS (AP) — Tenet Healthcare Corp. (THC) on Thursday reported second-quarter net income of $826 million.

The Dallas-based company said it had net income of $9.84 per share. Earnings, adjusted for one-time gains and costs, came to $6.12 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.08 per share.

The hospital operator posted revenue of $5.63 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $5.39 billion.

Tenet expects full-year earnings in the range of $20.30 to $21.69 per share, with revenue in the range of $21.9 billion to $22.5 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on THC at https://www.zacks.com/ap/THC

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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