It has been about a month since the last earnings report for Community Health Systems (CYH) . Shares have lost about 11.8% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Community Health Systems due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Community Health Q3 ...

If you like what you have just read and want to receive at least 4 exclusive stock tips every week focused on Pharma, Biotech and Healthcare, then join me at my marketplace channel, Haggerston BioHealth . Invest alongside the model portfolio or simply access the investment bank-grade financial models and research. I hope to see you there. As we can see above, revenues only slightly exceeded last year's figure, reaching $3.1bn, but fell sequentially, from $3.14bn, and operating income fell substantially, to ...

Community Health Systems, Inc. (NYSE:CYH) Q3 2024 Earnings Conference Call October 24, 2024 11:00 AM ET Company Participants Anton Hie - Vice President of Investor Relations Tim Hingtgen - Chief Executive Officer Kevin Hammons - President and Chief Financial Officer Miguel Benet - Executive Vice President, Clinical Operations Conference Call Participants Brian Tanquilut - Jefferies A.J. Rice - UBS Andrew Mok - Barclays Ben Hendrix - RBC Capital Markets Stephen Baxter - Wells Fargo Joshua Raskin - Nephron Re ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐ or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ________ | --- | --- | |---------------------------------------------------------------------------------------|------------------------- ...

Community Health Systems, Inc. (CYH) reported a third-quarter 2024 adjusted loss of 30 cents per share, which was wider than the Zacks Consensus Estimate of a loss of 16 cents. However, the bottom line improved from the prior-year loss of 33 cents per share.Net operating revenues rose 0.1% year over year to $3.1 billion in the quarter under review. The top line beat the consensus mark by a whisker.The quarterly earnings suffered from lower admissions, patient days, and higher salaries and benefits expenses. ...

Community Health Systems (CYH) reported $3.09 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 0.1%. EPS of -$0.30 for the same period compares to -$0.33 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.08 billion, representing a surprise of +0.25%. The company delivered an EPS surprise of -87.50%, with the consensus EPS estimate being -$0.16.While investors scrutinize revenue and earnings changes year-over-year and how they com ...

Community Health Systems (CYH) came out with a quarterly loss of $0.30 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -87.50%. A quarter ago, it was expected that this operator of accute care hospitals would post a loss of $0.11 per share when it actually produced a loss of $0.17, delivering a surprise of -54.55%.Over the last fou ...

COMMUNITY HEALTH SYSTEMS, INC. Investor Contact: Kevin Hammons President and Chief Financial Officer (615) 465-7000 Exhibit Number 99.1 COMMUNITY HEALTH SYSTEMS, INC. ANNOUNCES THIRD QUARTER ENDED SEPTEMBER 30, 2024 RESULTS FRANKLIN, Tenn. (October 23, 2024) – Community Health Systems, Inc. (NYSE: CYH) (the "Company") today announced financial and operating results for the three and nine months ended September 30, 2024. The following highlights the financial and operating results for the three months ended ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, inves ...

Community Health Systems, Inc. (CYH) recently partnered with Denim Health to integrate conversational AI technology into its Patient Access Center (PAC), which handles calls for almost a thousand CYH-affiliated primary care providers. These are responsible for operating more than 25,000 inbound calls every day. The collaboration aims to enhance the patient experience and streamline call center operations. After a successful pilot in late 2023, Community Health deployed Denim Health's AI bot across its PAC t ...