BUZZ-Tenet Heathcare falls on downbeat annual revenue forecast

Reuters02-11
BUZZ-Tenet Heathcare falls on downbeat annual revenue forecast 

** Shares of hospital operator Tenet Healthcare THC.N fall 2.7% to $187.89 premarket

** THC forecasts 2026 revenue between $21.5 billion and $22.3 billion, the midpoint of which is below analysts' average estimate of $22.21 billion, according to data compiled by LSEG

** Expects 2026 adj. EPS in the range of $16.19 to $18.47, above analysts' average estimate of $16.44

** The revenue guidance reflects pricing and volume headwinds driven by the expiration of ACA-enhanced subsidies and a balanced starting point on state-directed payments - Barclays analyst Andrew Mok

** However, THC beat Wall Street estimates for fourth-quarter profit and revenue, buoyed by sustained demand for healthcare services

** THC stock surged 57% in 2025

(Reporting by Padmanabhan Ananthan)

((Padmanabhan.Ananthan@thomsonreuters.com))

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