Community Health Systems, Inc. Announces Second Quarter 2015 Results with Net Operating Revenues of $4.882 Billion

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Community Health (CYH) PT Raised to $83 at Jefferies as Company Unlocks Value

August 4, 2015 6:49 AM EDT

Jefferies analyst Brian Tanquilut lifted his price target on Buy-rated Community Health (NYSE: CYH) to $83.00 (from $79.00) after the company announced plans to unlock value by spinning out its portfolio of hospitals in smaller markets.

Tanquilut commented, "By splitting the company up, we expect... More

Community Health Systems (CYH) Tops Q2 EPS by 25c, Offers FY Guidance; to Spin-Off 38 Hospitals and Quorum Health Resources

August 3, 2015 4:34 PM EDT

Community Health Systems (NYSE: CYH) reported Q2 EPS of $1.14, $0.25 better than the analyst estimate of $0.89. Revenue for the quarter came in at $4.88 billion versus the consensus estimate of $5.02 billion.

Community Health Systems sees FY2015 EPS of $3.65-$4.10, versus the consensus of $4.01. Community Health... More