Community Health (CYH) Q2 Earnings Miss on Lower Patient Days

Community Health Systems, Inc. (CYH) reported a second-quarter 2024 adjusted loss of 17 cents per share, which was wider than the Zacks Consensus Estimate of a loss of 11 cents. However, the bottom line improved from the prior-year loss of 22 cents per share. Net operating revenues rose 0.6% year over year to $3.14 billion in the quarter under review. The top line beat the consensus mark by 2%. The quarterly earnings suffered from lower patient days, admissions and average length of stay. However, improved ...