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Community Health Systems: Q3 Earnings Insights

Benzinga Insights
·1 min read

Shares of Community Health Systems (NYSE:CYH) rose 9.3% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 162.07% over the past year to $0.18, which beat the estimate of ($0.16).

Revenue of $3,126,000,000 declined by 3.70% year over year, which beat the estimate of $2,900,000,000.

Looking Ahead

Community Health Systems hasn't issued any earnings guidance for the time being.

View more earnings on CYH

Community Health Systems hasn't issued any revenue guidance for the time being.

Technicals

Company's 52-week high was at $7.47

Company's 52-week low was at $2.25

Price action over last quarter: Up 5.11%

Company Description

Community Health Systems is the largest publicly owned hospital operator in the United States. The company owns or leases over 100 general acute-care hospitals located in nonurban and urban markets. The company also owns four home health agencies and provides management and consulting services to independent hospitals. The firm derives revenue through a broad range of general and specialized hospital healthcare services and outpatient services.

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