earnings
confidence high
sentiment positive
materiality 0.75
Tenet Q1 GAAP EPS $8.01, adj EPS $4.82 beats; Ambulatory EBITDA up 6.1%
TENET HEALTHCARE CORP
2026-Q1 EPS reported
$8.01
revenue$5,368,000,000
- Net income available to common shareholders $702M ($8.01 diluted EPS); adjusted diluted EPS $4.82 vs $4.36 YoY.
- Consolidated revenue $5,368M (+2.8% YoY); adjusted EBITDA $1,162M (flat) with margin 21.6%.
- Ambulatory segment adjusted EBITDA $484M (+6.1% YoY); same-facility revenues up 5.3%.
- Hospital segment adjusted EBITDA $678M (-4.1% YoY); same-hospital revenues flat due to payer mix.
- FY2026 adj EBITDA outlook reaffirmed $4.485B-$4.785B; repurchased 1.35M shares for $318M.
item 2.02item 9.01