
Shares of hospital operator Tenet Healthcare THC.N fall 2.7% to $187.89 premarket
THC forecasts 2026 revenue between $21.5 billion and $22.3 billion, the midpoint of which is below analysts' average estimate of $22.21 billion, according to data compiled by LSEG
Expects 2026 adj. EPS in the range of $16.19 to $18.47, above analysts' average estimate of $16.44
The revenue guidance reflects pricing and volume headwinds driven by the expiration of ACA-enhanced subsidies and a balanced starting point on state-directed payments - Barclays analyst Andrew Mok
However, THC beat Wall Street estimates for fourth-quarter profit and revenue, buoyed by sustained demand for healthcare services
THC stock surged 57% in 2025