Community Health Systems Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Community Health Systems (NYSE:CYH) Full Year 2024 Results

Key Financial Results

• Revenue: US$12.6b (up 1.2% from FY 2023).
• Net loss: US$516.0m (loss widened by 288% from FY 2023).
• US$3.91 loss per share (further deteriorated from US$1.02 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Community Health Systems Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 17%.

In the last 12 months, the only revenue segment was Hospital Operations contributing US$12.6b. Notably, cost of sales worth US$7.36b amounted to 58% of total revenue thereby underscoring the impact on earnings.Explore how CYH's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Healthcare industry in the US.

Performance of the American Healthcare industry.

The company's shares are up 11% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Community Health Systems has 1 warning sign we think you should be aware of.

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