Tenet Healthcare (THC) Tops Q4 EPS by 73c; Guides

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Tenet Reports Fourth Quarter and FY 2022 Results; Provides 2023 Financial Outlook

February 9, 2023 6:45 AM EST

Net income from continuing operations available to common shareholders in fourth quarter 2022 was $102 million, or $0.92 per diluted share Adjusted diluted earnings per share from continuing operations1 of $1.96 in fourth quarter 2022 Consolidated Adjusted EBITDA1 in fourth quarter 2022 of $897 million, including $40 million of grant income Fourth quarter 2022 Ambulatory Care Adjusted EBITDA excluding grant income grew 18.7% over fourth quarter 2021 Same-facility system-wide ambulatory surgical cases increased 0.7% versus fourth quarter 2021; Same-hospital adjusted admissions increased... More