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 anticipated EPS of $1.26 on revenue of $4.8B.
Tenet Healthcare shares are down 33.48% from the beginning of the year and are trading at $49.68 , down-from-52-week-high.
Tenet Healthcare shares lost 8.58% 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 October 14, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts 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, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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