A Look Ahead: Community Health Sys's Earnings Forecast

Community Health Sys CYH is gearing up to announce its quarterly earnings on Wednesday, 2024-10-23. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Community Health Sys will report an earnings per share (EPS) of $-0.19.

Investors in Community Health Sys are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Performance in Previous Earnings

During the last quarter, the company reported an EPS missed by $0.05, leading to a 9.93% increase in the share price on the subsequent day.

Here's a look at Community Health Sys's past performance and the resulting price change:

Performance of Community Health Sys Shares

Shares of Community Health Sys were trading at $5.75 as of October 21. Over the last 52-week period, shares are up 128.72%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all earnings releases for Community Health Sys visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.