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Tenet Healthcare (THC) Outpaces Stock Market Gains: What You Should Know

Zacks Investment Research·
Tenet Healthcare (THC) Outpaces Stock Market Gains: What You Should Know

Tenet Healthcare stock rose 1.83% to $258.62, outperforming the S&P 500's 0.73% gain. The hospital operator is projected to report Q3 EPS of $4.59 (up 24.05% YoY) and revenue of $5.47 billion (up 3.4% YoY). For the full year, earnings are forecast at $21.04 per share and revenue at $22.2 billion. THC holds a Zacks Rank #3 (Hold) with a Forward P/E of 12.07 and PEG ratio of 0.97.

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