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Mar 31, 2020
Tenet Healthcare Q1 2020 Earnings Report
Tenet Healthcare withdrew its first quarter and full year financial outlook for 2020 due to the impact of the COVID-19 pandemic.
Key Takeaways
Tenet Healthcare withdrew its previously announced first quarter and full year financial outlook for 2020 due to the rapidly evolving environment and continued uncertainty related to the COVID-19 pandemic. As of March 31, 2020, Tenet's liquidity position included approximately $350 million of excess cash and cash equivalents and approximately $1.0 billion of borrowing availability under its senior secured revolving credit facility.
Tenet Healthcare withdrew its first quarter and full year financial outlook for 2020.
The withdrawal is due to the rapidly evolving environment and continued uncertainty related to the COVID-19 pandemic.
As of March 31, 2020, Tenet’s liquidity position included approximately $350 million of excess cash and cash equivalents.
Tenet had approximately $1.0 billion of borrowing availability under its senior secured revolving credit facility.
Forward Guidance
Tenet Healthcare withdrew its previously announced first quarter and full year financial outlook for 2020 due to the rapidly evolving environment and continued uncertainty.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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