Compared to Estimates, Community Health Systems (CYH) Q4 Earnings: A Look at Key Metrics
Community Health Systems (CYH) reported $3.18 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 1.2%. EPS of -$0.41 for the same period compares to $1.50 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.15 billion, representing a surprise of +0.85%. The company delivered an EPS surprise of -1466.67%, with the consensus EPS estimate being $0.03.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Community Health Systems performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Adjusted admissions: 252,875 versus the two-analyst average estimate of 246,221.
Patient days: 503,631 Days versus the two-analyst average estimate of 469,010 Days.
Admissions: 110,874 compared to the 109,345 average estimate based on two analysts.
Licensed Beds: 11,902 versus 12,411 estimated by two analysts on average.
Number of Hospitals: 71 versus 76 estimated by two analysts on average.
Beds in Service: 10,234 versus the two-analyst average estimate of 10,450.
View all Key Company Metrics for Community Health Systems here>>>
Shares of Community Health Systems have returned +8.3% over the past month versus the Zacks S&P 500 composite's +3.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Community Health Systems, Inc. (CYH) : Free Stock Analysis Report
