Tenet Healthcare Sets FY2026 EPS Guidance of $16.19–$18.47 and $21.5B–$22.3B Revenue
Tenet Healthcare initiated FY2026 guidance for adjusted EPS of $16.19–$18.47 and revenues of $21.50–$22.30 billion, projecting GAAP EPS of $29.60–$32.27. Analyst consensus from 19 estimates sits at $16.46 per share and $22.20 billion in revenue, excluding CommonSpirit termination proceeds from operating totals.
1. Guidance Initiation
While reporting Q4 results, Tenet Healthcare Corp. initiated its full-year 2026 guidance, aligning projections with consensus estimates. This marks the first time the company has provided annual outlook in its adjusted earnings framework.
2. FY2026 Financial Projections
The company forecasts GAAP EPS of $29.60–$32.27 per share and adjusted EPS of $16.19–$18.47 per share on net operating revenues of $21.50–$22.30 billion. These ranges reflect expected core operations and exclude special items.
3. Analyst Consensus and Exclusions
Nineteen analysts project $16.46 EPS and $22.20 billion in revenue for FY2026, closely matching Tenet’s guidance. Revenue from the termination of the CommonSpirit contract is not included in the net operating total.