Community Health Systems (CYH) Reports Q1 Loss Per Share of $1.59

Community Health Systems (NYSE: CYH) reported Q1 EPS of ($1.59), may not compare to the analyst estimate of ($0.58). Revenue for the quarter came in at $3.03 billion versus the consensus estimate of $3.17 billion.

• As previously announced in a Current Report on Form 8-K filed by the Company on April 6, 2020 (the “April 6 Form 8-K”), the Company is not able to fully quantify the impact that COVID-19 will have on its financial results during 2020, but expects developments related to COVID-19 to materially affect the Company’s financial performance in 2020. Moreover, as a result of the continuously changing and unpredictable environment related to COVID-19, as disclosed in the April 6 Form 8-K, the Company withdrew its 2020 financial guidance previously issued in its earnings release dated February 19, 2020 and is not providing further guidance in this earnings release.

For earnings history and earnings-related data on Community Health Systems (CYH) click here.

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