Tenet to beat profit forecasts as patient load increases
Tuesday, June 12, 2001 | 10:55 a.m.
SANTA BARBARA, Calif. -- Tenet Healthcare Corp. said today it expects its fiscal fourth-quarter earnings to exceed analysts' expectations due to strong admissions growth.
Tenet, the second largest investor-owned healthcare service company in the United States, owns Lake Mead Hospital in North Las Vegas.
Tenet today said it expects to beat the current consensus analyst estimate of 61 cents a share in the quarter ended May 31. In the year-earlier period, Tenet earned 51 cents a share.
Continued strength in reimbursement, effective cost controls and declining interest costs also helped boost Tenet's results from operations for both the quarter and full fiscal year.
archive
- Most Read
- Discussed
- Most E-mailed
- Harrah’s working on plan to take over Planet Hollywood
- Judge’s divorce filing follows arrest of her husband, a lawyer
- ‘DWTS’ champ Donny Osmond still deft afoot in return to Flamingo
- Task force taking down mortgage scammers, one at a time
- Two years after Sports Illustrated feature, Bellfield says gamble paid off
- Contractors make another bid for Fontainebleau
- Martha Stewart has no business criticizing Palin
- UNLV zaps Holy Cross, 80-59
- Shooting in parking lot of CVS leaves man dead
- Las Vegas expecting more visitors this Thanksgiving
Blogs
The Kats Report
Could a savior of shuttered Las Vegas Art Museum be ... Peter Max? (2 Comments)
For Paul Stanley and KISS, rock and roll is not over (3 Comments)
Twenty years ago today, Human Nature took root on the farm (1 Comment)
Robin Leach's Las Vegas Celebrity Watch
Photo Gallery: Donny Osmond’s triumphant return to the Flamingo
The Kats Report
'DWTS' champ Donny Osmond still deft afoot in return to Flamingo (8 Comments)
Politics: The Early Line
Meeting of GOP governors draws challengers, not Gibbons (3 Comments)
Politics: Ralston's Flash
Oscar loves forcing developers to sign labor peace agreements, Culinary loves the city's downtown plans and all is forgiven (7 Comments)
Calendar »
- 27 Fri
- 28 Sat
- 29 Sun
- 30 Mon
- 1 Tue
-
Bill Cosby at Treasure Island
Treasure Island Theatre
-
The Las Vegas Locomotives vs. the Florida Tuskers
Sam Boyd Stadium
-
Papa Roach at the House of Blues
House of Blues | 6:30 p.m. to 11 p.m.
-
Tuff-N-Uff at the Orleans
Mardi Gras Room | 7 p.m. to 11 p.m.
-
David Spade at the Venetian
The Venetian Resort Hotel Casino
The Sun
Locally owned and independent for more than 50 years.
Technorati










