---
schema_version: "secwatch.filing_event.v1"
accession: "0000070318-24-000030"
form_type: "8-K"
ticker: "THC"
cik: "0000070318"
company_name: "TENET HEALTHCARE CORP"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:59:43.241008+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Tenet Q1 adj EPS $3.22 beats; revenue $5.37B; raises FY2024 EBITDA outlook to $3.5-3.7B

## Summary
- Q1 net income $2.15B ($21.38 diluted) includes $1.86B after-tax gain from hospital sales; adjusted diluted EPS $3.22.
- Consolidated revenue $5.37B (+6.9% YoY); Adjusted EBITDA $1.02B (+23.1% YoY).
- Ambulatory segment Adjusted EBITDA $394M (+15.9% YoY); Hospital segment Adjusted EBITDA $630M (+28.0% YoY).
- FY2024 Adjusted EBITDA outlook raised by $215M to $3.50-$3.70B; Q2 guidance: $835-$885M.
- Repurchased 2.8M shares for $278M; retired $2.1B of 4.875% notes due 2026, reducing annual cash interest by $102M.

## SEC filing metadata
- accession: 0000070318-24-000030
- form_type: 8-K
- ticker: THC
- cik: 0000070318
- company_name: TENET HEALTHCARE CORP
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70318/000007031824000030/0000070318-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70318/000007031824000030/thc-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000070318-24-000030
- JSON: https://secwatch.observer/filing/0000070318-24-000030.json
- Plain text: https://secwatch.observer/filing/0000070318-24-000030.txt

## Key facts
- Earnings Releases
  TENET HEALTHCARE CORP reported quarter ended March 31, 2024 results: revenue $5,368, net income $2,151, EPS $21.38. Guidance raised.
  - Period: quarter ended March 31, 2024
  - Revenue: $5,368
  - Net income: $2,151
  - EPS: $21.38
  - Guidance: raised
  - Result: reported results
  source text: results for first quarter 2024 versus first quarter 2023 are as follows: Three Months Ended March 31, ($ in millions, except per share results) 2024 2023 Net operating revenues $5,368 $5,021 Net income available to Tenet common shareholders from continuing operations $2,151 $143 Net income available to Tenet common shareholders from continuing operations per
  evidence_url: https://www.sec.gov/Archives/edgar/data/70318/000007031824000030/0000070318-24-000030-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.