Tenet Healthcare Surges to 363rd in Trading Volume with $236 Million Turnover

On April 28, 2025, Tenet Healthcare (THC) saw a significant increase in trading volume, with a turnover of $236 million, marking a 63.13% rise from the previous day. This surge placed Tenet Healthcare at the 363rd position in terms of trading volume for the day. The stock price of Tenet Healthcare (THC) rose by 1.48%.

Analysts are projecting that Tenet Healthcare will report quarterly earnings of $3.11 per share, which represents a 3.4% decline from the previous quarter. This forecast is based on the company's performance and market conditions. Additionally, analysts estimate that Tenet Healthcare's revenue for the quarter will decrease by 4% year over year to $5.15 billion, a reversal from the 6.9% increase recorded in the previous quarter. This decline in revenue is expected to impact the company's overall financial performance for the quarter.

Tenet Healthcare has a history of beating earnings estimates, which has contributed to its positive market sentiment. The company reported earnings per share (EPS) of $3.44 for the previous quarter, surpassing analysts' consensus estimates of $2.95 by $0.49. This consistent performance has led to optimism among investors regarding the company's future earnings. The Zacks Consensus Estimate for Tenet Healthcare's 2025 and 2026 bottom line indicates year-over-year growth of 2.3% and 10.5%, respectively. This positive outlook is supported by the company's ability to exceed earnings estimates in all previous quarters.