View Tenet Healthcare's (NYSE: THC) Q3 Earnings Report
Highlights:
- Net income of $932 million compared to $3 million net loss in Q3 2009
- Earnings of $1.68 per diluted share compared to a loss of $0.01 per diluted share in Q3 2009
- Deferred tax benefit of $981 million recognized, $1.75 per diluted share
- Early extinguishment of debt loss of $55 million, or $0.06 per diluted share
- Outlook for 2010 net income from continuing operations increased to $110 million-$140 million
- In October, $46 million in medical office building sales proceeds received
- California provider fee plan receives partial CMS approval in October
- $64 million in net revenue expected for Q4
- $800 million new bank credit line completed
Check out Tenet Healthcare's current earnings estimates from CNN Money
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Tenet's website: www.tenethealth.com