Tenet Healthcare Q1 Loss Narrows - Quick Facts

(RTTNews) - Tenet Healthcare Corp. (THC) Monday said first-quarter loss narrowed to $32 million or $0.33 per share from $88 million or $0.85 per share in the same period last year.

On average, 21 analysts polled by Thomson Reuters expected the company to report a loss of $0.14 per share for the quarter. Analysts' estimates typically exclude special items.

Operating revenues increased to $3.93 billion from $2.39 billion last year. Analysts expected revenues of $3.91 billion.

Looking ahead to the second quarter, the company expects to report earnings in a range of a loss of $0.39 per share to income of $0.12 per share. Analysts currently expect second-quarter earnings of $0.36 per share.