Community Health Systems Inc expected to post a loss of 16 cents a share - Earnings Preview

Community Health Systems

22/04/2024 22:18

* Community Health Systems Inc  CYH.N   CYH  is expected
to show a
fall in quarterly revenue when it reports  results on April 24
for the period ending March 31 2024
    * The Franklin Tennessee-based  company is expected to
report a
0.5% decrease in revenue to $3.093 billion from $3.11 billion a
year ago, according to the mean estimate from 8 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Community Health Systems
Inc
is for a loss of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Community
Health
Systems Inc is $4.00​, above​ its last closing price of $2.84.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.05        0.06       -0.41     Missed  -819.3
 Sep. 30 2023  -0.18       -0.18      -0.33     Missed  -82.5
 Jun. 30 2023  -0.27       -0.27      -0.22     Beat    18.2​
 Mar. 31 2023  -0.16       -0.16      -0.43     Missed  -166.7
 ​​Dec.        0.36        0.37       1.50      Beat    306
 31 2022                                                
 Sep. 30 2022  -0.06       -0.05      -0.52     Missed  -888.6
                                                        ​
 Jun. 30 2022  0.02        0.04       -2.52     Missed  -5,801
                                                        .4
 Mar. 31 2022  0.14        0.13       0.14      Beat    8
 This summary was machine generated April 22 at 21:18 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)