Tenet Healthcare (THC), a hospital operator in the Medical-Hospital industry, has demonstrated a consistent pattern of beating earnings estimates. With an average surprise of 32.24% over the last two quarters and a positive Earnings ESP of +11.11%, analysts suggest the company is well-positioned to continue this streak in its next earnings report expected on October 29, 2026.
THC
Tenet Healthcare Corporation New · NYSE
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13 latestTenet Healthcare is positioned as a likely earnings beat candidate for Q3 2026, with an Earnings ESP of +11.11% and a Zacks Rank #3 (Hold). The company is expected to report EPS of $4.60 (up 24.3% YoY) and revenues of $5.47 billion (up 3.5% YoY). Analysts have recently become more bullish, and the company has beaten consensus estimates in all four trailing quarters.
Tenet Healthcare (THC) closed down 1.17% to $269.13, underperforming the broader market. The hospital operator is expected to report earnings on October 29, 2026, with consensus estimates projecting EPS of $4.59 (24.05% growth) and revenue of $5.47 billion (3.34% growth).
The company holds a Zacks Rank #3 (Hold) with a Forward P/E of 12.95, in line with industry averages. The Medical-Hospital industry ranks in the bottom 20% of all industries.
Tenet Healthcare (THC) is receiving significant investor attention. The hospital operator has returned +3.9% over the past month, outperforming the S&P 500's +0.7%.
The company is expected to post earnings of $4.59 per share for the current quarter (+24.1% YoY) with fiscal year earnings estimates of $21.04 (+25.4% YoY). However, Tenet received a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the broader market. The stock is trading at a discount to peers with a Value Style Score of A.
Tenet Healthcare (THC) is featured as a stock to watch with a #3 (Hold) Zacks Rank and an A-rated VGM Score. The company demonstrates strong growth potential with a Growth Style Score of B and forecasted year-over-year earnings growth of 25.4% for the current fiscal year. One analyst revised earnings estimates upward in the last 60 days, with the Zacks Consensus Estimate increasing to $21.04 per share.
Tenet Healthcare (THC) closed at $275.13, up 1.3%, outperforming the S&P 500's 0.33% gain. The hospital operator is expected to report Q3 2026 earnings of $4.59 per share (up 24.05% YoY) with revenue of $5.47 billion (up 3.4% YoY).
Full-year estimates project $21.04 EPS and $22.2 billion revenue. THC holds a Zacks Rank #3 (Hold) with a Forward P/E of 12.91, trading in line with its industry average. The Medical-Hospital industry ranks 195th out of 250+ industries.
Tenet Healthcare closed at $263.78, up 1.23% and outpacing the S&P 500's 0.6% gain. The hospital operator is expected to report Q3 EPS of $4.59 (up 24.05% YoY) and revenue of $5.47 billion (up 3.4% YoY) on October 29, 2026. With a Zacks Rank of #3 (Hold) and Forward P/E of 12.39, THC trades in line with its industry average valuation.
Tenet Healthcare (THC) receives a #3 (Hold) rating on the Zacks Rank with a VGM Score of B. The company benefits from attractive valuation metrics including a forward P/E ratio of 12.35 and a Value Style Score of A. Two analysts revised earnings estimates upward in the last 60 days, with the Zacks Consensus Estimate increasing $0.75 to $21.04 per share, and the company maintains an average earnings surprise of +22.7%.
Tenet Healthcare (THC) is receiving increased investor attention. The stock has underperformed the S&P 500 over the past month (-3.4% vs +1.4%).
While the company beat earnings and revenue estimates in recent quarters with strong EPS growth of +25.4% expected for the current fiscal year, the Zacks Rank #3 (Hold) rating suggests the stock may perform in line with the broader market in the near term. The company trades at a valuation discount to peers.
Tenet Healthcare stock rose 1.83% to $258.62, outperforming the S&P 500's 0.73% gain. The hospital operator is projected to report Q3 EPS of $4.59 (up 24.05% YoY) and revenue of $5.47 billion (up 3.4% YoY).
For the full year, earnings are forecast at $21.04 per share and revenue at $22.2 billion. THC holds a Zacks Rank #3 (Hold) with a Forward P/E of 12.07 and PEG ratio of 0.97.
Tenet Healthcare (THC) is accelerating share buybacks and raising 2026 free cash flow guidance to $1.825-$2.055 billion, supported by 27.1% year-over-year growth in operating cash flow to $2.2 billion. The company has $2.1 billion remaining in buyback authorization while continuing to invest in growth initiatives and managing debt obligations.
Tenet Healthcare (THC) is featured as a stock to watch with a #3 (Hold) Zacks Rank and an A VGM Score. The company shows strong growth prospects with forecasted year-over-year earnings growth of 25.4% for the current fiscal year, supported by three upward earnings estimate revisions in the last 60 days and an average earnings surprise of +22.7%.
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Moody's outperforms its industry with strong earnings, while Peoples Bancorp shows margin expansion but faces credit risks. Additional coverage includes Nucor, Tenet Healthcare, Toast, and other companies with mixed growth prospects.
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