Community Health Systems, Inc. (CYH)
Should Value Investors Buy Community Health Systems (CYH) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Community Health Drops 16.4% in 6 Months: Should You Hold or Fold?
Shares of Community Health Systems, Inc. CYH have lost 16.4% in the past six months, underperforming the industry's decline of 3.8% due to several challenges being faced by the hospital industry. Peers like Acadia Healthcare Company, Inc. ACHC and Tenet Healthcare Corporation THC have moved down 32.8% and 2.6%, respectively, during this time.
Community Health to Divest North Carolina Hospital for $280M
CYH is selling the 123-bed facility in Mooresville to Duke Health.
Why Community Health Systems (CYH) Stock Is Falling
Community Health Systems Inc CYH shares are trading lower by 7% to $3.38 Thursday afternoon. The company announced a definitive agreement to sell its North Carolina Hospital to Duke Health for approximately $280 million.
Community Health Drops 36.4% in 3 Months: Hold, Sell, or Buy the Dip?
CYH's growth drivers remain robust and should help it recover from the short-term setbacks.
Community Health to Sell Florida Hospital to AdventHealth for $265M
CYH enters an agreement to sell ShorePoint Health System assets in Florida for $265 million, advancing its strategy to shed non-core facilities and enhance focus on growth areas.
Why Is Community Health Systems (CYH) Down 11.8% Since Last Earnings Report?
Community Health Systems (CYH) reported earnings 30 days ago. What's next for the stock?
Community Health Systems: Tough Q3 Stifles Recovery - Potentially Sets Up Contrarian Trade
Community Health Systems reported a net loss of $(355m) in Q3, its worst performance in the last ten quarters, causing a >20% stock drop. Revenues slightly increased to $3.1bn but fell sequentially from $3.14bn, with operating income plummeting to $62m. The stock price remains up >65% on a 1-year basis despite the recent decline from >$5.5 to
Community Health Systems, Inc. (CYH) Q3 2024 Earnings Call Transcript
Community Health Systems, Inc. (NYSE:CYH ) Q3 2024 Earnings Conference Call October 24, 2024 11:00 AM ET Company Participants Anton Hie - Vice President of Investor Relations Tim Hingtgen - Chief Executive Officer Kevin Hammons - President and Chief Financial Officer Miguel Benet - Executive Vice President, Clinical Operations Conference Call Participants Brian Tanquilut - Jefferies A.J. Rice - UBS Andrew Mok - Barclays Ben Hendrix - RBC Capital Markets Stephen Baxter - Wells Fargo Joshua Raskin - Nephron Research Operator Good day, and welcome to the Community Health Systems Third Quarter 2024 Earnings Conference Call.
Community Health Q3 Earnings Miss on Lower Adjusted Admissions
CYH's third-quarter earnings suffer a setback due to lower admissions and patient days. Improved occupancy levels and reimbursement rates partially offset the negatives.
Compared to Estimates, Community Health Systems (CYH) Q3 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Community Health Systems (CYH) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Community Health Systems (CYH) Reports Q3 Loss, Tops Revenue Estimates
Community Health Systems (CYH) came out with a quarterly loss of $0.30 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.33 per share a year ago.
