Community Health Systems (CYH) Scheduled to Post Quarterly Earnings on Wednesday

Community Health Systems (NYSE:CYH) will be announcing its earnings results after the market closes on Wednesday, April 24th. Analysts expect the company to announce earnings of ($0.19) per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Community Health Systems (NYSE:CYH) last released its quarterly earnings results on Wednesday, February 21st. The company reported ($0.41) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.44). Community Health Systems had a negative net margin of 1.07% and a negative return on equity of 5.51%. The firm had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $3.16 billion. During the same period in the previous year, the firm posted $1.50 EPS. The firm’s quarterly revenue was up 1.2% compared to the same quarter last year. On average, analysts expect Community Health Systems to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Community Health Systems Stock Performance

Community Health Systems stock opened at $2.84 on Tuesday. Community Health Systems has a fifty-two week low of $2.01 and a fifty-two week high of $6.53. The firm has a 50 day moving average price of $3.13 and a 200 day moving average price of $3.05. The company has a market capitalization of $394.01 million, a PE ratio of -2.75 and a beta of 1.52.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Barclays assumed coverage on shares of Community Health Systems in a report on Wednesday, March 6th. They issued an “equal weight” rating and a $3.00 target price for the company. StockNews.com upgraded shares of Community Health Systems from a “sell” rating to a “hold” rating in a report on Thursday, February 22nd. Finally, Oppenheimer dropped their target price on shares of Community Health Systems from $6.50 to $5.50 and set an “outperform” rating for the company in a report on Thursday, February 22nd. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Community Health Systems currently has a consensus rating of “Hold” and an average price target of $4.20.

Community Health Systems Company Profile

Community Health Systems, Inc owns, leases, and operates general acute care hospitals in the United States. It 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.