07:11 AM EDT, 07/22/2025 (MT Newswires) -- Tenet Healthcare ( THC ) reported Q2 adjusted earnings Tuesday of $4.02 per diluted share, up from $2.31 a year earlier.

Analysts surveyed by FactSet expected $2.87.

Net operating revenue for the quarter ended June 30 was $5.27 billion, compared with $5.11 billion a year earlier.

Analysts polled by FactSet expected $5.16 billion.

The company said it now expects 2025 adjusted earnings of $15.55 to $16.21 per share, up from $11.99 to $13.12 previously. Analysts polled by FactSet expect $12.85.

Revenue for the year is now estimated at $20.95 billion to $21.25 billion, compared with the previous range of $20.60 billion to $21 billion. Analysts polled by FactSet expect $20.92 billion.

Tenet Healthcare ( THC ) said its board approved a $1.50 billion increase to the company's share repurchase program, raising its buyback capacity to about $1.78 billion.

Shares of Tenet Healthcare ( THC ) were up more than 3% in recent premarket activity Tuesday.

Price: 180.46, Change: +5.81, Percent Change: +3.33