Community Health (CYH) Q1 Earnings Top on Better Occupancy Rates [Yahoo! Finance]
Community Health Systems, Inc. (CYH)
Last community health systems, inc. earnings: 4/28 04:15 pm
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Source: Yahoo! Finance
The bottom line also improved from the prior year's loss of 43 cents per share. Net operating revenues rose 1% year over year to $3.14 billion in the quarter under review. The top line beat the consensus mark by 1.5%. The strong quarterly results benefited from improved occupancy rates, reimbursement rates and lower contract labor and supplies expenses. However, declining admissions and patient days partially offset the positives. Community Health Systems, Inc. Price, Consensus and EPS Surprise Community Health Systems, Inc. price-consensus-eps-surprise-chart | Community Health Systems, Inc. Quote Quarterly Operational Update At the first-quarter end, the hospital count for Community Health was 71, which aligned with our estimate. Patient days tumbled 2.8% year over year and missed our estimate by 1.2%. The average length of stay remained flat year over year, while the occupancy rate of 53.9% improved 200 basis points year over year. Admissions fell 2.3% year over year
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News
- Here's Why Shareholders Should Examine Community Health Systems, Inc.'s (NYSE:CYH) CEO Compensation Package More Closely [Yahoo! Finance]Yahoo! Finance
- Community Health Systems, Inc. (NYSE:CYH) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Community Health Systems, Inc. (NYSE: CYH) had its price target raised by analysts at Truist Financial Co. from $3.25 to $3.75. They now have a "hold" rating on the stock.MarketBeat
- Intermountain Health exits Kansas [Yahoo! Finance]Yahoo! Finance
- Community Health Systems, Inc. (NYSE: CYH) had its price target lowered by analysts at Oppenheimer Holdings Inc. from $5.50 to $4.50. They now have an "outperform" rating on the stock.MarketBeat
CYH
Earnings
- 4/24/24 - Miss
CYH
Sec Filings
- 4/25/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 4/18/24 - Form 8-K
- CYH's page on the SEC website