Community Health Systems (NYSE:CYH) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Community Health Systems missed estimated earnings by 3700.0%, reporting an EPS of $-2.52 versus an estimate of $0.07.
Revenue was down $73.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 4.93% drop in the share price the next day.
Here's a look at Community Health Systems's past performance:
|Quarter||Q1 2022||Q4 2021||Q3 2021||Q2 2021|
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Community Health Systems management provided guidance for FY 2022, expecting earnings between $-2.55 and $-1.65 per share.
To track all earnings releases for Community Health Systems VISIT THEIR EARNINGS CALENDAR HERE.
This article was generated by Benzinga's automated content engine and reviewed by an editor.