US Stocks Movement | Tenet surges 12% pre-market as Q2 earnings beat expectations across the board and full-year guidance is significantly raised

Glonghui, July 24｜Tenet (THC.US) surged 12% pre-market. The direct driver is its just-released Q2 2026 financial report, which exceeded market expectations across the board, coupled with a substantial upward revision of its full-year guidance. The company posted adjusted Q2 earnings per share of 6.12, far exceeding the market expectation of 4.08—a beat of 50%. Quarterly revenue reached $5.63 billion, up about 6.8% year-on-year, also surpassing analysts’ consensus estimates. Tenet simultaneously raised its full-year 2026 outlook significantly, releasing strong confidence. In addition, the board of directors authorized an additional $2 billion stock repurchase plan, further strengthening shareholder return expectations.