Tenet Stays At Neutral
Posted on October 17, 2011 at 15:05 PM EDT
We have reiterated our Neutral recommendation on Tenet Healthcare Corp. (NYSE:THC) based on its strong results in all lines of business, which were partly offset by the decline in paying and total admissions as well as higher-than-expected operating expenses. Besides, the reduced earnings projections for the rest of 2011 warrant caution. Tenet reported second-quarter income [...]

We have reiterated our Neutral recommendation on Tenet Healthcare Corp. (NYSE:THC) based on its strong results in all lines of business, which were partly offset by the decline in paying and total admissions as well as higher-than-expected operating expenses. Besides, the reduced earnings projections for the rest of 2011 warrant caution.
Tenet reported second-quarter income from continuing operations of $66 million or 9 cents per share, at par with the Zacks Consensus Estimate. Nevertheless, it … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here