Tenet Healthcare's (THC +2%) Q3 topped estimates due to a late-quarter boost to the hospital...

|About: Tenet Healthcare Corporation (THC)|By:, SA News Editor

Tenet Healthcare's (THC +2%) Q3 topped estimates due to a late-quarter boost to the hospital operators outpatient visits. Surgeries and admissions also rose marginally, and the company says these trends are likely to continue through the end of FY11. Earnings dipped Y/Y however, due primarily to a large tax benefit the previous year. The company reaffirms its FY11 guidance.