Community Health Systems (CYH) Misses Q1 EPS Views

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Community Health Systems, Inc. Announces First Quarter 2016 Results with Net Operating Revenues of $4.999 Billion

May 2, 2016 4:15 PM EDT

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Community Health Systems, Inc. (NYSE: CYH) (the Company) today announced financial and operating results for the three months ended March 31, 2016.

Net operating revenues for the three months ended March 31, 2016, totaled $4.999 billion, a 1.8 percent increase compared with $4.911 billion for the same period in 2015. Income from continuing operations attributable to Community Health Systems, Inc. common stockholders decreased to $12 million, or $0.11 per share (diluted), for the three months ended March 31, 2016, compared with $92 million, or $0.79 per share (diluted), for the same period in 2015. The results for the three months ended March 31, 2016, include $0.13 per... More