Analyst Opinion on Health Management Associates Inc. and Tenet
Analyst Opinion on Health Management Associates Inc. and Tenet Healthcare Corp. -- Hospitals Post Mixed Quarterly Results, Lower Yearly Outlooks
LONDON -- (Marketwire) -- 11/02/12 -- In the first half of 2012 healthcare stocks were performing with relative strength. However, for the most recent quarter hospitals have been putting forth mixed results and many have disappointed Wall Street expectations.
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Companies operating in the hospitals industry, such as Health Management Associates Inc. and Tenet Healthcare Corp., may also be facing uncertainty due to the upcoming election. Many feel that at present the election has more sway than business trends, as Obama's re-election could provide a boost as healthcare reform promises growth, while Romney's election may prompt a decline as fear of the potential fiscal cliff increases. Analyst opinion on Health Management Associates Inc. accessible for free at
During the third quarter many hospitals seem to have suffered from lower than expected patient admission. Alongside this, an added headwind has been rising operating expenses. Despite these challenges a few hospitals were successful in bucking the industry blues and impressed with higher than expected earnings per share. However, the apparent slowdown and rising headwinds has prompted most to lower their earnings outlook for the year.
Tenet Healthcare plans to report earnings for its third quarter ended September 30, 2012 prior to the market open on Wednesday, November 7, 2012. See what our analysts have to say on Tenet Healthcare Corp. Follow the Link below
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