Community Health Systems (NYSE:CYH) Issues Quarterly Earnings Results, Misses Expectations By $0.09 EPS

Community Health Systems (NYSE:CYHGet Free Report) posted its earnings results on Wednesday. The company reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.09), Zacks reports. Community Health Systems had a negative return on equity of 6.58% and a net margin of 2.10%.The firm had revenue of $2.83 billion for the quarter, compared to analyst estimates of $2.89 billion. During the same period in the prior year, the business posted ($0.05) EPS. The firm’s quarterly revenue was down 9.8% compared to the same quarter last year. Community Health Systems updated its FY 2026 guidance to -1.250–1.100 EPS.

Community Health Systems Stock Performance

Shares of NYSE:CYH opened at $2.81 on Friday. The firm has a market cap of $395.28 million, a PE ratio of 1.52 and a beta of 1.81. Community Health Systems has a 52 week low of $2.38 and a 52 week high of $4.43. The firm’s fifty day moving average is $3.12 and its 200-day moving average is $3.14.

Wall Street Analyst Weigh In

CYH has been the subject of several recent research reports. Zacks Research cut Community Health Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 24th. Weiss Ratings upgraded Community Health Systems from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, July 2nd. Wall Street Zen raised shares of Community Health Systems from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Truist Financial raised their target price on shares of Community Health Systems from $3.00 to $3.75 and gave the company a “hold” rating in a report on Tuesday, July 14th. Finally, Barclays reduced their price target on shares of Community Health Systems from $3.00 to $2.50 and set an “underweight” rating on the stock in a research report on Thursday. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Community Health Systems currently has a consensus rating of “Reduce” and a consensus target price of $3.39.

Check Out Our Latest Report on Community Health Systems

Institutional Trading of Community Health Systems

Institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada lifted its position in shares of Community Health Systems by 601.9% in the 4th quarter. Royal Bank of Canada now owns 9,286 shares of the company’s stock worth $29,000 after purchasing an additional 7,963 shares during the period. Lazard Asset Management LLC acquired a new position in shares of Community Health Systems in the 4th quarter valued at about $34,000. Quarry LP bought a new stake in shares of Community Health Systems during the 3rd quarter valued at about $39,000. CIBC Bancorp USA Inc. acquired a new stake in Community Health Systems during the third quarter worth approximately $44,000. Finally, Oxford Asset Management LLP bought a new stake in Community Health Systems in the fourth quarter worth approximately $45,000. 84.99% of the stock is currently owned by institutional investors.

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Community Health Systems Company Profile

(Get Free Report)

Community Health Systems, Inc (NYSE: CYH) is one of the largest publicly traded hospital operators in the United States. Headquartered in Franklin, Tennessee, the company owns, leases and manages general acute care hospitals and outpatient facilities, primarily in non-urban and mid-market communities. CHS is focused on delivering locally accessible healthcare services through its network of affiliated hospitals, clinics and post-acute providers.

The company’s core offerings include inpatient medical and surgical care, emergency services, critical care, diagnostic imaging and laboratory testing.

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Earnings History for Community Health Systems (NYSE:CYH)

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