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Investigation of Community Health Systems, Inc. (CYH) Announced by Holzer & Holzer, LLC
Newsfilter· 2024-03-01 18:35
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 ...
Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Community Health Systems, Inc. (CYH)
Businesswire· 2024-02-29 22:27
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 ...
munity Health Systems(CYH) - 2023 Q4 - Earnings Call Transcript
2024-02-21 20:22
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 (CYH) Q4 Earnings Miss, Revenues Up Y/Y
Zacks Investment Research· 2024-02-21 18:56
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 ...
Compared to Estimates, Community Health Systems (CYH) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-21 01:01
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) Reports Q4 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-02-21 00:16
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 ...
munity Health Systems(CYH) - 2023 Q4 - Annual Report
2024-02-20 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-15925 COMMUNITY HEALTH SYSTEMS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporatio ...
Can Low Patient Days Affect Community Health (CYH) Q4 Earnings?
Zacks Investment Research· 2024-02-15 17:31
Community Health Systems, Inc. (CYH) is set to report its fourth-quarter 2023 results on Feb 20, after the closing bell.Where Do the Estimates Stand?The Zacks Consensus Estimate for fourth-quarter earnings per share of 3 cents suggests a 98% decline from the prior-year level of $1.50. The consensus mark remained stable over the past week. The consensus estimate for fourth-quarter revenues of nearly $3.2 billion indicates a 0.4% increase from the year-ago reported figure.Community Health beat the consensus e ...
Earnings Preview: Community Health Systems (CYH) Q4 Earnings Expected to Decline
Zacks Investment Research· 2024-02-13 16:06
Wall Street expects a year-over-year decline in earnings on higher revenues when Community Health Systems (CYH) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact 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 to be released on ...
Community Health Systems to Webcast Fourth Quarter and Year-End 2023 Conference Call
Businesswire· 2024-02-06 16:00
FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) today announced that it will webcast its fourth quarter and year-end 2023 conference call. The Company will issue a press release announcing its results on Tuesday, February 20, 2024, after the regular close of trading. The conference call is scheduled to begin at 10:00 a.m. Central Time, 11:00 a.m. Eastern Time, on Wednesday, February 21, 2024. During this call, Community Health Systems will review the Company’s financial and ope ...