munity Health Systems(CYH)

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munity Health Systems(CYH) - 2024 Q4 - Annual Report
2025-02-19 21:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION COMMUNITY HEALTH SYSTEMS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 4000 Meridian Boulevard 37067 Franklin, Tennessee (Address of principal executive of ices) Registrant's telephone number, including area code: (615) 465-7000 Washington, D.C. 20549 Form 10-K (Mark One) Commission file number 001-15925 Securities registered pursuant to Section 12(b) of the Act: | Title of Each Cla ...
Community Health Q4 Earnings Miss on Lower Adjusted Admissions
ZACKS· 2025-02-19 17:45
Community Health Systems, Inc. (CYH) reported a fourth-quarter 2024 adjusted loss of 42 cents per share, which missed the Zacks Consensus Estimate of a profit of 5 cents. Also, the bottom line deteriorated from the prior-year loss of 41 cents per share.Net operating revenues rose 2.6% year over year to $3.27 billion in the quarter under review. The top line beat the consensus mark by 3.3%.See the Zacks Earnings Calendar to stay ahead of market-making news.The quarterly earnings suffered from lower admission ...
munity Health Systems(CYH) - 2024 Q4 - Annual Results
2025-02-18 21:30
Exhibit Number 99.1 Investor Contact: Kevin Hammons President and Chief Financial Officer (615) 465-7000 COMMUNITY HEALTH SYSTEMS, INC. ANNOUNCES FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2024 RESULTS FRANKLIN, Tenn. (February 18, 2025) – Community Health Systems, Inc. (NYSE: CYH) (the "Company") today announced financial and operating results for the three months and year ended December 31, 2024. The following highlights the financial and operating results for the three months ended December 31, 2024. Com ...
Can Community Health Beat Q4 Earnings on Growing Occupancy?
ZACKS· 2025-02-14 15:11
Hospital operator Community Health Systems, Inc. (CYH) is set to report fourth-quarter 2024 results on Feb. 18, 2025, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is currently pegged at 5 cents per share and the same for revenues is pinned at $3.16 billion. See the Zacks Earnings Calendar to stay ahead of market-making news.The fourth-quarter earnings estimate has increased a penny over the past month. The bottom-line estimate indicates a year-over-year impr ...
Community Health Systems (CYH) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2025-02-11 16:06
The market expects Community Health Systems (CYH) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected t ...
Should Value Investors Buy Community Health Systems (CYH) Stock?
ZACKS· 2025-02-05 15:45
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find compa ...
Community Health Drops 16.4% in 6 Months: Should You Hold or Fold?
ZACKS· 2025-01-10 18:01
Shares of Community Health Systems, Inc. (CYH) have lost 16.4% in the past six months, underperforming the industry’s decline of 3.8% due to several challenges being faced by the hospital industry. Peers like Acadia Healthcare Company, Inc. (ACHC) and Tenet Healthcare Corporation (THC) have moved down 32.8% and 2.6%, respectively, during this time.Meanwhile, the S&P 500 index has experienced growth of 6.3%, highlighting the stark difference in performance. CYH has moved up 23.5% at this point from its 52-we ...
Community Health to Divest North Carolina Hospital for $280M
ZACKS· 2024-12-12 21:01
U.S. hospital company Community Health Systems, Inc. (CYH) recently announced that its subsidiary has agreed to divest the Lake Norman Regional Medical Center, along with related businesses, to Duke Health. The deal is valued at around $280 million.The 123-bed facility is located in Mooresville, NC. The deal is expected to complete in the first quarter of 2025. This transaction aligns with CYH's ongoing strategy, as the hospital was previously identified as a potential divestiture during the company's third ...
Why Community Health Systems (CYH) Stock Is Falling
Benzinga· 2024-12-12 20:13
Community Health Systems Inc CYH shares are trading lower by 7% to $3.38 Thursday afternoon. The company announced a definitive agreement to sell its North Carolina Hospital to Duke Health for approximately $280 million.What Else: Community Health Systems announced that a subsidiary has entered a definitive agreement to sell the 123-bed Lake Norman Regional Medical Center in Mooresville, N.C., and related businesses to Duke Health for approximately $280 million, pending adjustments. The transaction, expecte ...
Community Health to Sell Florida Hospital to AdventHealth for $265M
ZACKS· 2024-11-25 18:56
Community Health Systems, Inc. (CYH) unveiled that some of its subsidiaries signed a definitive deal to divest Florida-based ShorePoint Health Port Charlotte, along with specific assets of ShorePoint Health Punta Gorda situated in the Punta Gorda city of the state, and related ancillary businesses. The buyer, subsidiaries of Adventist Health System Sunbelt Healthcare Corporation, will acquire these aforementioned assets for $265 million in cash, subject to adjustments for net working capital and other facto ...