Community Health Systems Inc reports results for the quarter ended in December - Earnings Summary

Community Health Systems

21/02/2024 10:54

* Community Health Systems Inc  CYH.N  reported a quarterly
adjusted loss of 41 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of $1.50.  The mean expectation of
eight analysts for the quarter was for earnings of 6 cents per
share. Wall Street expected results to range from 1 cents to 12
cents per share.
    * Revenue rose 1.2% to $3.18 billion from a year ago;
analysts
expected $3.16 billion. 
    * Community Health Systems Inc's reported EPS for the
quarter was
35 cents​.
    * The company reported quarterly net income of $46 million.
    * Community Health Systems Inc shares had risen by 29.1%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Community
Health
Systems Inc is $6.00 

This summary was machine generated from LSEG data February 21 at
10:54 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.06           -0.41          Missed
 Sep. 30 2023      -0.18          -0.33          Missed
 Jun. 30 2023      -0.27          -0.22          Beat
 Mar. 31 2023      -0.16          -0.43          Missed