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Tenet Healthcare (THC) Q3: net profit jumps to $40M from $6M last year. Comparable patient...
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Wednesday, November 7, 2012, 9:41 AM ETTenet Healthcare (THC) Q3: net profit jumps to $40M from $6M last year. Comparable patient admissions +1.4%, outpatient surgeries +6.3%, ER visits +4.9%. Cuts FY adjusted EBITDA guidance to $1.2B from $1.25B-$1.38B, due to a delayed payment from a California Medicaid program. No matter, President Obama won re-election and shares are +6.3% premarket.
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