|Bid||4.8400 x 1100|
|Ask||4.8400 x 900|
|Day's Range||4.6700 - 4.8750|
|52 Week Range||2.2500 - 7.4700|
|Beta (5Y Monthly)||1.92|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 27, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 13, 2012|
|1y Target Est||4.11|
On Tuesday, October 27, Community Health Systems (NYSE: CYH) will release its latest earnings report. Here is Benzinga's outlook for the company.What Are Earnings, Net Income, And Earnings Per Share? Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.Earnings And Revenue Community Health Systems's per-share loss will be near $0.16 on sales of $2.90 billion, according to Wall Street analysts. Community Health Systems EPS in the same period a year ago totaled $0.29. Sales were $3.25 billion.Why Analyst Estimates And Earnings Surprises Are Important Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.View more earnings on CYHIf the company were to report earnings in line when it publishes results Tuesday, quarterly profit would be up 44.83%. Revenue would be down 10.66% from the year-ago period. Community Health Systems's reported EPS has stacked up against analyst estimates in the past like this:Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019 EPS Estimate -0.62 -0.58 -0.46 -0.59 EPS Actual 0.85 -1.59 0.40 -0.29 Revenue Estimate 2.65 B 3.17 B 3.18 B 3.14 B Revenue Actual 2.52 B 3.02 B 3.29 B 3.25 B Stock Performance For a full 12 months, the return has risen by 3.93%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.Do not be surprised to see the stock move on comments made during its conference call. Community Health Systems is scheduled to hold the call at 11:00:00 ET and can be accessed here.See more from Benzinga * Click here for options trades from Benzinga * Earnings Outlook for Juniper Networks * Unum's Earnings: A Preview(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Community Health Systems, Inc. (NYSE: CYH) announced today that a subsidiary of the Company has completed the sale of 171-bed San Angelo Community Medical Center in San Angelo, Texas, and its associated assets to subsidiaries of Shannon Health System. The effective date of the transaction is October 24, 2020.
Community Health Systems (CYH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.