07:05 AM EDT, 10/28/2025 (MT Newswires) -- Tenet Healthcare ( THC ) reported Q3 adjusted earnings Tuesday of $3.70 per diluted share, up from $2.93 a year earlier.

Analysts surveyed by FactSet expected $3.34.

Net operating revenue for the quarter ended Sept. 30 was $5.29 billion, up from $5.13 billion a year earlier.

Analysts polled by FactSet expected $5.26 billion.

The company said it now expects 2025 adjusted earnings of $15.93 to $16.26 per share. That compares with $15.55 to $16.21 previously. Analysts polled by FactSet expect $15.66.

Revenue for the year is now projected to be $21.15 billion to $21.35 billion, the company said. That compares with $20.95 billion to $21.25 billion previously. Analysts polled by FactSet expect $21.11 billion.

Shares of Tenet Healthcare ( THC ) were down nearly 3% in recent Tuesday premarket activity.