CYH - Community Health Systems

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by T0rm3nted, May 3, 2016.

  1. T0rm3nted

    T0rm3nted Moderator
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    Community Health Systems Inc. (CYH) is a Fortune 500 company based in Franklin, Tennessee. It is the largest provider of general hospital healthcare services in the United States in terms of number of acute care facilities. As of August 2015, it owns, leases or operates 198 hospitals in 29 states.

    In August 2015, the company announced plans to spin off 38 hospitals and its management and consulting subsidiary, Quorum Health Resources, into a new publicly traded company called Quorum Health Corporation.

    The company operates 25 of the fifty hospitals in the United States that charge uninsured patients the most - all charge such patients more than ten times the actual cost of care.
     
  2. T0rm3nted

    T0rm3nted Moderator
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    Reported after close today (5/2/16)
    Earnings: EPS $0.27 Revenue $5B
    Estimates: EPS $0.74 Revenue $5.01B

    Down 17.51% today, and down 12.52% after hours
     
  3. Tiptopptrader

    Tiptopptrader Well-Known Member

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    Another rough quarter

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  4. T0rm3nted

    T0rm3nted Moderator
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    Up 31% on an earnings beat and analyst upgrade

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  5. Stockaholic

    Stockaholic Content Manager

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    Flirting with that $10 holla level again

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