Here are six points:
1. Currently, 17 analysts have an adjusted earnings per share estimate of $0.48 on Tenet shares.
2. During the same quarter last year, analysts had a consensus EPS of $0.75.
3. Analysts expect revenue for the quarter to reach $4.8 billion, up from $4.49 billion the same period last year.
4. For 2016, 18 Wall Street analysts expect Tenet to generate EPS of $1.83.
5. Analysts expect 2016 revenue to hit $19.44 billion, up from $18.63 billion in 2015.
6. Over the next five years, analysts predict Tenet will maintain an annual growth rate of 15.24 percent, slightly higher than its industry competitors (14.65 percent).
More articles on surgery centers:
SCA, SwiftPath partner to offer outpatient joint replacement support services — 4 highlights
Family Eye Center in Alabama cuts ribbon at new location: 5 key notes
MFC elects 7 board of director members — 5 things to know
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.