Community Health Systems (NYSE:CYH) Releases Earnings Results, Misses Expectations By $0.51 EPS

Community Health Systems (NYSE:CYH - Get Free Report) posted its earnings results on Tuesday. The company reported ($0.42) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.51), Zacks reports. The business had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.14 billion. Community Health Systems updated its FY 2025 guidance to -0.550-0.000 EPS.

Community Health Systems Price Performance

Community Health Systems stock traded down $0.03 during trading hours on Friday, reaching $3.52. The stock had a trading volume of 3,202,505 shares, compared to its average volume of 2,683,356. The stock has a market cap of $488.30 million, a PE ratio of -0.90 and a beta of 1.63. Community Health Systems has a 52 week low of $2.51 and a 52 week high of $6.29. The company has a fifty day simple moving average of $3.21 and a 200-day simple moving average of $4.27.

Analyst Upgrades and Downgrades

CYH has been the topic of several research reports. UBS Group lowered their price objective on shares of Community Health Systems from $4.80 to $4.10 and set a "neutral" rating on the stock in a research report on Thursday. Raymond James cut shares of Community Health Systems from a "market perform" rating to an "underperform" rating in a research report on Friday, November 22nd. StockNews.com upgraded shares of Community Health Systems from a "sell" rating to a "hold" rating in a research report on Thursday. Wells Fargo & Company cut shares of Community Health Systems from an "equal weight" rating to an "underweight" rating and lowered their price objective for the company from $5.00 to $2.50 in a research report on Monday, November 25th. Finally, Barclays reduced their target price on shares of Community Health Systems from $5.00 to $4.00 and set an "equal weight" rating on the stock in a report on Thursday. Two research analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Community Health Systems has an average rating of "Hold" and an average target price of $4.18.

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.