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4-Traders Homepage  >  Equities  >  Nyse  >  Tenet Healthcare Corporation    

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Tenet Healthcare Corporation : Tenet to Report First Quarter Results on May 8, 2012

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04/13/2012 | 04:35pm CEST

Tenet Healthcare Corporation (NYSE:THC) today announced plans to report results for its first quarter 2012 before the market opens on Tuesday, May 8, 2012.

The Company will host a conference call on May 8, 2012 at 10:00 a.m. Eastern Time for management to discuss the results via a live audio webcast accessible through the Company's Web site at www.tenethealth.com/investors. It is suggested that listeners access the audio webcast 10 minutes prior to the beginning of the call. The audio webcast will be available live and on a replay basis for 90 days following the earnings announcement.

Tenet Healthcare Corporation, a leading health care services company, through its subsidiaries operates 50 hospitals, over 100 free-standing outpatient centers and Conifer Health Solutions, a leader in business process solutions for health care providers that serves more than 300 hospital and health care entities nationwide. Tenet's hospitals and related health care facilities are committed to providing high quality care to patients in the communities they serve. For more information, please visit www.tenethealth.com.

This document contains "forward-looking statements" - that is, statements that relate to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek," "see," or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Particular uncertainties that could cause our actual results to be materially different than those expressed in our forward-looking statements include the factors disclosed under "Forward Looking Statements" and "Risk Factors" in our Form 10-K for the year ended Dec. 31, 2011, our quarterly reports on Form 10-Q, periodic reports on Form 8-K and other filings with the Securities and Exchange Commission. The Company assumes no obligation to update forward-looking statements contained in this press release as a result of new information or future events or developments.

Tenet uses its company web site to provide important information to investors about the company including the posting of important announcements regarding financial performance and corporate developments.

Tenet Healthcare Corporation
Media:
Rick Black, 469-893-2647
Rick.Black@tenethealth.com
or
Investors:
Thomas Rice, 469-893-2522
Thomas.Rice@tenethealth.com


© Business Wire 2012
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Financials ($)
Sales 2016 19 627 M
EBIT 2016 1 573 M
Net income 2016 84,5 M
Debt 2016 14 497 M
Yield 2016 -
P/E ratio 2016 -
P/E ratio 2017 9,87
EV / Sales 2016 0,86x
EV / Sales 2017 0,79x
Capitalization 2 357 M
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Income Statement Evolution
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Consensus 
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 37,1 $
Spread / Average Target 57%
Consensus details
EPS Revisions
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Managers
NameTitle
Trevor Fetter Chairman, President & Chief Executive Officer
Tim P. Adams Senior Vice President-Operations & Integration
Daniel J. Cancelmi Chief Financial Officer
Kelvin A. Baggett Chief Clinical Officer & SVP-Clinical Operations
Paul T. Browne Chief Information Officer & Senior VP-Informatics
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Sector and Competitors
1st jan.Capitalization (M$)
TENET HEALTHCARE CORPO..2 357
FRESENIUS MEDICAL CARE..3.69%28 220
HCA HOLDINGS INC9.45%28 027
LABORATORY CORP. OF AM..10.26%13 946
DAVITA HEALTHCARE PART..-7.46%13 347
UNIVERSAL HEALTH SERVI..0.72%11 724
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