Community Health Systems Inc reports results for the quarter ended in March - Earnings Summary

• Community Health Systems Inc CYH reported a quarterly adjusted loss of 14 cents​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of -43 cents. The mean expectation of nine analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -21 cents to -7 cents per share.

• Revenue rose 1% to $3.14 billion from a year ago; analysts expected $3.09 billion.

• Community Health Systems Inc's reported EPS for the quarter was a loss of 32 cents​.

• The company reported a quarterly loss of $41 million.

• Community Health Systems Inc shares had fallen by 15.4% this quarter and lost 5.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 76.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the healthcare facilities & services peer group is also "buy"

Wall Street's median 12-month price target for Community Health Systems Inc is $4.00

This summary was machine generated from LSEG data April 24 at 09:54 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)