Enter your Email Address


Useful Links

Know What The Insiders Are Doing!
Stock Trading Software

More Links




[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




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 ...

Newsletter

No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.