News / Business
Tenet Healthcare Stock (NYSE:THC) Lifts Guidance, Shares Up
Healthcare Stock
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Tenet Healthcare Corporation (NYSE:THC) rose 1% to $5.36 after it said it Tuesday that it lost $3 million, or 1 cent a share in the third quarter. In the same period a year ago, Tenet earned $104 million, or 22 cents a share. Net operating revenue rose 5.2% to $2.24 billion, compared to $2.13 billion a year ago. Analysts polled by FactSet Research estimated, on average, a loss per share of 2 cents and sales of $2.23 billion.
Tenet Healthcare Corporation (Tenet) is an investor-owned health care services company, whose subsidiaries and affiliates principally operate general hospitals and related health care facilities.
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