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0 -0.00470035252643959 -0.00705052878965928 -0.0023501762632199 -0.00117508813161005 -0.00117508813161005 -0.00117508813161005 -0.00117508813161005
Stock impact report

Community Health Q3 Earnings Miss on Lower Adjusted Admissions [Yahoo! Finance]

Community Health Systems, Inc. (CYH) 
Last community health systems, inc. earnings: 4/28 04:15 pm Check Earnings Report
US:NYSE Investor Relations: chs.net/investor-relations
Company Research Source: Yahoo! Finance
However, the bottom line improved from the prior-year loss of 33 cents per share. Net operating revenues rose 0.1% year over year to $3.1 billion in the quarter under review. The top line beat the consensus mark by a whisker. The quarterly earnings suffered from lower admissions, patient days, and higher salaries and benefits expenses. However, improved occupancy rates, reimbursement rates and lower contract labor and supplies expenses partially offset the negatives. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar Community Health Systems, Inc. price-consensus-eps-surprise-chart | Community Health Systems, Inc. Quote At the third-quarter end, the hospital count for Community Health was 69, lower than our estimate of 71. Patient days tumbled 1.5% year over year and missed our estimate by 2.5%. The average length of stay increased year over year to 4.3 days, while the occupancy rate of 49.8% improved 270 basis points year over year. Admissions fell Show less Read more
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