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THC
Benzinga
27 days

These Analysts Boost Their Forecasts On Tenet Healthcare After Upbeat Q2 Results

1. THC surpassed earnings expectations with $4.02 per share, beating $2.87 estimate. 2. Sales reached $5.271 billion, exceeding the $5.161 billion forecast. 3. FY2025 EPS guidance raised to $15.55-$16.21 from $11.99-$13.12. 4. Analysts upgraded price targets, boosting confidence in THC's performance. 5. Stock rose 1% to $157.49 following positive earnings announcements.

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FAQ

Why Bullish?

THC's positive earnings and guidance upgrades typically lead to stock appreciation, akin to past quarters where results led to significant bullish sentiment.

How important is it?

The substantial beat in earnings and guidance increases indicates strong operational health, very relevant for THC’s investors.

Why Short Term?

Immediate market reaction to earnings reports often drives short-term price movements, making it likely that THC will experience price increases in the next quarter.

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