View Tenet Healthcare's (THC [1]) Q3 Earnings Report [2]
[3]Highlights:- Tenet had a net operating revenue of $2.26 billion for Q3 2009, a 5.7 percent increase from last year's third quarter of $2.14 billion.
- Tenet experienced a net loss of $0.01 in Q3 2009, compared with a net income of $0.22 per share in the third quarter last year.
- Overall, Tenet's net income loss totaled $3 million for Q3 2009; in Q3 2008, Tenet had a total net income of $104 million.
- The Dallas Morning News reports that despite Tenet's losses--which it blames mainly on rising unemployment levels--it still boosted it's year-end projections [4] (it only lost $0.01 per share, when Thomson Reuters expected a loss of $0.02 per share).
Check out Tenet Healthcare's current earnings estimates from CNN Money [5]
Tenet's website: www.tenethealth.com [6]
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Tenet Healthcare loses $33M for Q4 '08 [8]
How does Tenet keep doing it? [9]