Community Health Systems (CYH) to Release Earnings on Wednesday

Community Health Systems (NYSE:CYH) is expected to be issuing its quarterly earnings data after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of ($0.10) per share and revenue of $3.10 billion for the quarter. Community Health Systems has set its FY 2025 guidance at -0.550-0.000 EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

Community Health Systems (NYSE:CYH) last released its quarterly earnings data on Tuesday, February 18th. The company reported ($0.42) earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.51). The business had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.14 billion. 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 Down 4.5 %

Shares of CYH opened at $2.41 on Monday. The company has a market capitalization of $337.71 million, a price-to-earnings ratio of -0.62 and a beta of 1.72. Community Health Systems has a 52 week low of $2.24 and a 52 week high of $6.29. The stock’s 50-day moving average price is $2.87 and its 200-day moving average price is $3.48.

Wall Street Analyst Weigh In

CYH has been the subject of several recent research reports. Barclays cut their target price on shares of Community Health Systems from $5.00 to $4.00 and set an “equal weight” rating for the company in a report on Thursday, February 20th. StockNews.com raised shares of Community Health Systems from a “sell” rating to a “hold” rating in a research note on Thursday, February 20th. Truist Financial lowered their price target on Community Health Systems from $4.00 to $3.00 and set a “hold” rating on the stock in a research report on Friday, April 11th. Wells Fargo & Company cut their price objective on Community Health Systems from $2.50 to $2.00 and set an “underweight” rating for the company in a research report on Monday, March 10th. Finally, Guggenheim assumed coverage on Community Health Systems in a research report on Wednesday, April 9th. They set a “neutral” rating on the stock. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $4.02.

About Community Health Systems

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.