---
schema_version: "secwatch.filing_event.v1"
accession: "0000070318-24-000049"
form_type: "8-K"
ticker: "THC"
cik: "0000070318"
company_name: "TENET HEALTHCARE CORP"
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T09:28:48.389536+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tenet Q3 adj. EPS $2.93 beats; raises FY24 EBITDA outlook to $3.9B-$4.0B

## Summary
- Q3 net income $472M ($4.89 diluted) includes $2.16 gain from hospital divestiture; adj. EPS $2.93.
- Consolidated Adj. EBITDA $978M (+14.5% YoY); Ambulatory segment Adj. EBITDA $439M (+18.6%).
- FY2024 Adj. EBITDA guidance raised by $50M to $3.9B-$4.0B; net operating rev. guidance $20.6B-$20.8B.
- Free cash flow for 9 months $1.777B; share repurchases $672M YTD; net debt/EBITDA improved to 2.22x.
- Completed sale of 70% stake in Brookwood Baptist Health (5 AL hospitals) to Orlando Health in Q3.

## SEC filing metadata
- accession: 0000070318-24-000049
- form_type: 8-K
- ticker: THC
- cik: 0000070318
- company_name: TENET HEALTHCARE CORP
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70318/000007031824000049/0000070318-24-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70318/000007031824000049/thc-20241029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000070318-24-000049
- JSON: https://secwatch.observer/filing/0000070318-24-000049.json
- Plain text: https://secwatch.observer/filing/0000070318-24-000049.txt

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