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Community Health Systems (CYH) reported earnings 30 days ago. What's next for the stock?

FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (the “Company”) (NYSE: CYH) today announced that its wholly owned subsidiary, CHS/Community Health Systems, Inc. (the “Issuer”), has priced an offering of an additional $1,225.0 million aggregate principal amount of its outstanding 10.875% Senior Secured Notes due 2032 (the “Tack-On Notes”) at an issue price of 102.000%, plus accrued and unpaid interest from December 22, 2023 to the closing date (the “Notes Offering”). This repres.

FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE:CYH) today announced that management will participate in the RBC Capital Markets Global Healthcare Conference to be held May 14-15, 2024, at the InterContinental New York Barclay. The Company will host a fireside chat presentation on Tuesday, May 14, 2024, at 2:35 p.m. ET, 1:35 p.m. CT. The fireside chat presentation will be available to investors via a live audio webcast. A link to the broadcast can be found at the investor.

Community Health's (CYH) first-quarter results benefit from improved occupancy and reimbursement rates. However, declining admissions partially offset the positives.

Community Health Systems, Inc. (NYSE:CYH ) Q1 2024 Earnings Conference Call April 25, 2024 11:00 AM ET Company Participants Anton Hie - Vice President, Investor Relations Tim Hingtgen - Chief Executive Officer Kevin Hammons - President and Chief Financial Officer Lynn Simon - President, Healthcare Innovation and Chief Medical Officer Conference Call Participants Jason Cassorla - Citi Brian Tanquilut - Jefferies Ben Hendrix - RBC A.J. Rice - UBS Andrew Mok - Barclays Josh Raskin - Nephron Research Operator Good day and welcome to the Community Health Systems First Quarter 2024 Earnings Conference Call.

Although the revenue and EPS for Community Health Systems (CYH) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Community Health Systems (CYH) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.43 per share a year ago.

Improved premiums resulting from membership growth, and higher patient admissions are expected to have driven the Q1 performance of HUM, MOH, UHS, EHC and CYH. An elevated operating expense level is likely to have dented growth prospects.

Community Health's (CYH) first-quarter results are likely to reflect declining beds in services and adjusted admissions.

Community Health Systems (CYH) reported earnings 30 days ago. What's next for the stock?