Community Health Systems, Inc. (NYSE:CYH) operator of general acute care hospitals, is reporting second quarter earnings results on Tuesday 28th July 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.62 per share.
For the full year, analysts predict revenues of $ 11585.90 million, while looking forward to loss of $ 2.99 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 12,400.00 million ~ $ 12,800.00 million, where as bottomline are predicted in a range of $ -1.30 ~ $ -0.60 per share
Click Here For More Historical Outlooks Of Community Health Systems, Inc.
Previous Quarter Performance
Community Health Systems, Inc. recorded loss for the first quarter of $ 1.59 per share, from the revenue of $ 3,025.00 million. The quarterly earnings decreased 7.89 percent while revenues compared with the same quarter last year.
The consensus estimates are loss of $ 0.54 per share from $ 3180.00 million in revenue. The bottom line results missed street analysts by $ 1.05 or 194.44 percent, at the same time, top line results fell short of analysts by $ 155 million or 4.87 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CYH was $ 3.94, representing a 120.11 % increase from the 52 week low of $ 1.79 and a 47.26 % decrease over the 52 week high of $ 7.47.
The company has a market capital of $ 471.48 million and is part of the Healthcare sector and Medical Care industry.
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Community Health Systems, Inc., together with its subsidiaries, owns, leases, and operates general acute care hospitals in the United States. The company offers general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, as well as skilled nursing and home care services. It also provides outpatient services at urgent care centers, occupational medicine clinics, imaging centers, cancer centers, and ambulatory surgery centers.
