secwatch.observer — SEC 8-K summary
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Issuer:     TENET HEALTHCARE CORP (THC)
CIK:        0000070318
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0000070318-26-000023
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tenet Q1 GAAP EPS $8.01, adj EPS $4.82 beats; Ambulatory EBITDA up 6.1%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70318/000007031826000023/0000070318-26-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70318/000007031826000023/thc-20260430.htm
  HTML page:      https://secwatch.observer/filing/0000070318-26-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer