Community Health Systems: Q3 Earnings Insights
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- CYH
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.
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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