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Tenet Revenues Rise in 3Q – Analyst Blog

Zacks Market Commentaries (November 3rd, 2009) Writes:
Tenet Healthcare Corporation (THC) reported third-quarter earnings of $4 million or breakeven per share compared to the Zacks Consensus Estimate of a loss of 2 cents. The company earned $120 million or 25 cents per share in the year-ago quarter. Net operating revenues for the quarter increased 5.7% to $2.262 billion from $2.140 billion last year. The company exited the quarter with cash and cash equivalents of $731 million, which reflected an increase of $224 million since Dec. 31, 2008. Capital expenditures for the quarter were $91 million. Same-Hospital Data Revenues increased 5.2 %to $2.24 billion on a same-hospital basis. Same-hospital data does not include Sierra Providence East Medical Center in El Paso, TX, which opened on May 21, 2008. Currently, there are 48 hospitals in same-hospital operations. Total admissions in the reported quarter recorded a marginal increase of 0.1% as compared to ...

DrStockPick.com Stock Report! 10/23/09, FPNIX, PWRM, URZ, LPNT, AVT, BEAV

Dr. Stock Pick (October 23rd, 2009) Writes:

Dr Stock Pick HOT News & Alerts!

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Friday October 23, 2009

DrStockPick.com Stock Report!

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Power3 Medical Products, Inc. (OTCBB: PWRM), a leader in neurodegenerative disease and cancer biomarkers and diagnostic tests, announces further international recognition of validity as the company’s President and CSO, Dr. Ira Goldknopf, will deliver an invited Keynote address and chair a session on “Biomarkers and Diagnostics in Personalized Medicine (Track 6-4),” at the BIT Life Sciences 2nd International Congress and Expo of Molecular Diagnostics in Beijing, China, November 19-21, 2009. The Theme of the meeting is “New Leadership of

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LPNT’s 4Q Net Marginally Up; Provides Forecast – Zacks Tale of the Tape

Zacks Market Commentaries (February 20th, 2009) Writes:
LifePoint Hospitals Inc.'s (LPNT) fourth-quarter profit was marginally up by less than 1%, matching analysts' estimates.

The company's earnings, excluding one-time items, reached 63 cents per share. The quarter saw a lift in revenue by about 5% at $674.9 million.

LifePoint's profit for 2008 rose 12% to $114.5 million from $102 million in 2007. Revenue advanced 5% to $2.7 billion the same year.

The Brentwood-based hospital owner expects profit between $2.25 and $2.55 in 2009. Analysts expect $2.49 for the year, which is down from $2.52 over the past 7 days. LifePoint forecasts revenue of $2.9 billion to $3 billion this year.

LPNT is a Zacks #4 Rank ("Sell").

"LPNT" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

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