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Stock impact report

Community Health Q1 Loss Wider Than Expected, Sales Miss [Yahoo! Finance]

Community Health Systems, Inc. (CYH) 
Last community health systems, inc. earnings: 4/28 04:15 pm Check Earnings Report
US:NYSE Investor Relations: chs.net/investor-relations
Company Research Source: Yahoo! Finance
The bottom line deteriorated significantly from a loss of $0.03 per share in the prior-year quarter. Net operating revenues declined 6.1% year over year to $2.97 billion in the quarter under review and missed the consensus estimate by 1.1%. The quarterly earnings were impacted by hospital divestitures and lower patient volumes, partially offset by growth in same-store revenues. CYH's Q1 Operational Update At the end of the first quarter, Community Health operated 65 hospitals, down from 73 in the year-ago period. Patient days declined 12.5% year over year, while the average length of stay decreased 2.3%. The occupancy rate slipped to 55.4% from 56% in the prior-year quarter. Community Health Systems, Inc. Price, Consensus and EPS Surprise Community Health Systems, Inc. Price, Consensus and EPS Surprise Community Health Systems, Inc. price-consensus-eps-surprise-chart | Community Health Systems, Inc. Quote Adjusted admissions fell 10.5% year over year in the quarter und Show less Read more
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