Wedbush lowers Tenet 2016 earnings estimate — 4 notes

Wedbush analysts predict Tenet Healthcare will post earnings per share of $1.91 for the year, according to Washington Newswire.

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Here are four notes:

1. Previously, Wedbush predicted Tenet would post $2.11 EPS.

2. The consensus estimate of Tenet shares is $1.79 EPS for the year.

3. Tenet has a market cap of $2.86 billion.

4. The company has a 50-day moving average of $27.12 and 200-day moving average is $29.99.

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