Tenet Healthcare will report earnings before market open on Friday. Analysts expect revenue to grow 2.8% year on year, matching the 3.3% increase recorded in the same quarter last year. The company met revenue expectations last quarter with $5.37 billion, up 2.8% year on year, and beat EPS estimates but issued full-year revenue guidance slightly below expectations. Tenet Healthcare has missed Wall Street revenue estimates multiple times over the last two years. Shares are up 10% over the last month, heading into earnings with an average analyst price target of $243.43 compared to the current share price of $199.04.
Tenet Healthcare CorporationEarnings report expected; past revenue misses and guidance slightly below expectations create uncertainty.