Earnings Forecast Research on Tenet Healthcare Corporation (THC)

Tenet Healthcare Corporation has received $0.21 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 7 Financial Advisor in the Stock Trading Firms. Among 7 Analysts, Bottom line EPS Estimate for the current quarter is $0.2 while the top line estimate is $0.22 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -40.82%.

Tenet Healthcare Corporation results fell short with a surprise EPS of -15.79% or $-0.03. The Actual EPS was $0.16 compared to the Estimated EPS of $0.19 during its most recent quarterly earnings. Dallas based Tenet Healthcare Corporation Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Feb 27, 2017.

In the last quarter, Tenet Healthcare Corporation reported Annual Earnings of $0.16. Based on the filings, last years Annual Earnings was, $2.05. In the last Quarter, THC reported a surprise Earnings per Share of -15.79% . The consensus estimate for current quarter is $0.21 and for the current fiscal year, the estimate is $1.2. For the Next fiscal year, the estimate is $1.96 based on the consensus.

Tenet Healthcare Corporation (NYSE:THC) : On Tuesday heightened volatility was witnessed in Tenet Healthcare Corporation (NYSE:THC) which led to swings in the share price. The stock opened for trading at $17.55 and hit $17.77 on the upside , eventually ending the session at $17.59, with a gain of 1.21% or 0.21 points. The heightened volatility saw the trading volume jump to 2,245,857 shares. The 52-week high of the share price is $34.0799 and the company has a market cap of $1,753 million. The 52-week low of the share price is at $14.06 .

Tenet Healthcare Corp. is an investor-owned health care services company. The company owns or operates general hospitals and related health care facilities serving urban and rural communities in numerous states, and holds investments in other health care companies. The related health care facilities includes a small number of rehabilitation hospitals, specialty hospitals, and long-term care facilities.

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