Community Health Systems: Q4 Earnings Insights

Community Health Systems CYH reported its Q4 earnings results on Wednesday, February 16, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Community Health Systems beat estimated earnings by 88.52%, reporting an EPS of $1.15 versus an estimate of $0.61.

Revenue was up $114.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.57, which was followed by a 18.4% increase in the share price the next day.

Here's a look at Community Health Systems's past performance:

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).

Guidance

Community Health Systems management provided guidance for their next quarter, expecting earnings between $1.0 and $1.5 per share for the next quarter.

This represents a 8.7% in quarter-over-quarter growth for Community Health Systems, a bullish signal to many investors.

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