Community Health Systems: Q2 Earnings Snapshot
FRANKLIN, Tenn. (AP) — FRANKLIN, Tenn. (AP) — Community Health Systems Inc. (CYH) on Wednesday reported a loss of $38 million in its second quarter.
On a per-share basis, the Franklin, Tennessee-based company said it had a loss of 29 cents. Losses, adjusted for non-recurring costs, were 22 cents per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 29 cents per share.
The operator of accute care hospitals posted revenue of $3.12 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $3.02 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CYH at https://www.zacks.com/ap/CYH
