Community Health Systems, Inc. (CYH) is set to report its first-quarter 2024 results on Apr 24, after the closing bell.Where Do the Estimates Stand?The Zacks Consensus Estimate for first-quarter loss per share of 19 cents suggests a 55.8% improvement from the prior-year loss of 43 cents. The consensus mark remained stable over the past week. The consensus estimate for first-quarter revenues of nearly $3.1 billion indicates a 0.5% decrease from the year-ago reported figure.Community Health beat the consensus ...

A month has gone by since the last earnings report for Community Health Systems (CYH) . Shares have added about 17.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Community Health Systems due for a pullback? 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 catalysts. Community Health Q4 Earni ...

Community Health Systems, Inc. (CYH) recently announced that it has partnered with Mark Cuban Cost Plus Drug Company (Cost Plus Drugs) to purchase select drugs at a low cost. With this partnership, CYH becomes the first national healthcare system to buy select drugs from Cost Plus Drugs and is expected to benefit from better affordability and high drug quality.This move bodes well for Community Health as all the companies in the Medical space are grappling with the high cost of drugs amid inflation. This pa ...

FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) (CHS) will become the first national healthcare system to purchase select pharmaceutical supplies from Mark Cuban Cost Plus Drug Company (Cost Plus Drugs) as part of a new, collaborative relationship that promises to bring high-quality, lower cost drugs into the hospital setting. The onset of the partnership coincides with the opening of a state-of-the-art, 22,000-square-foot, fill and finish drug manufacturing plant, owned and ...

ATLANTA, March 01, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Community Health Systems, Inc. ("Community Health" or the "Company") (NYSE:CYH) complied with federal securities laws. On February 21, 2024, Community Health disclosed that on "January 11, 2024, we received a Civil Investigative Demand from the Department of Justice for documents and information relating to a variety of subjects, including practices and procedures related to utilization review, inpatient admissions and ...

NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against Community Health Systems, Inc. (“Community Health” or the “Company”) (NASDAQ:CYH). The investigation concerns whether Community Health and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [Click here to learn more about the investigation] On February 21, 2024, Community Health disclosed that it was under investigation by the Depar ...

Community Health Systems, Inc. (NYSE:CYH) Q4 2023 Results Conference Call February 21, 2024 11:00 AM ET Company Participants Anton Hie - VP, IR Tim Hingtgen - CEO Kevin Hammons - President, CFO Miguel Benet - EVP, Clinical Operations Conference Call Participants A.J. Rice - UBS Ben Hendrix - RBC Capital Markets Brian Tanquilut - Jefferies Jason Cassorla - Citi Marco Criscuolo - Nephron Research Stephen Baxter - Wells Fargo Operator Hello, and welcome to the Community Health Systems Fourth Quarter and Full Y ...

Community Health Systems, Inc. (CYH) reported fourth-quarter 2023 adjusted loss of 41 cents per share, lagging the Zacks Consensus Estimate of a profit of 3 cents. The bottom line also declined from the prior year's earnings of $1.5 per share.Net operating revenues rose 1.2% year over year to $3.2 billion in the quarter under review. The top line beat the consensus mark of $3.15 billion.The quarterly results benefited from a rise in admissions, lower expenses and increased patient demand. Declining patient ...

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 comp ...

Community Health Systems (CYH) came out with a quarterly loss of $0.41 per share versus the Zacks Consensus Estimate of $0.03. This compares to earnings of $1.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1,466.67%. A quarter ago, it was expected that this operator of accute care hospitals would post a loss of $0.16 per share when it actually produced a loss of $0.33, delivering a surprise of -106.25%.Over the last four ...