Investing.com - Tenet Healthcare reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Tenet Healthcare announced earnings per share of $1.44 on revenue of $4.80. Analysts polled by Investing.com EPS of $1.26 on revenue of $4.8B.
Tenet Healthcare 's are down 33.48% and is trading at $49.68 , still down 41.35% from its 52 week high of $92.65 set on Tuesday, March 29, 2022.
Tenet Healthcare shares lost 8.58% to trade at $49.68 in after-hours trade the report.
Tenet Healthcare follows other major Healthcare sector earnings this month
Tenet Healthcare's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.9B, EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday with third quarter EPS of $2.55 on revenue of $23.79B, for EPS of $2.52 on revenue of $23.46B.
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