Community Health Systems (CYH) Reports Q1 Loss, Tops Revenue Estimates

Community Health Systems (CYH) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.43 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 26.32%. A quarter ago, it was expected that this operator of accute care hospitals would post earnings of $0.03 per share when it actually produced a loss of $0.41, delivering a surprise of -1,466.67%.Over the last ...