Community Health Systems (NYSE:CYH) reported its Q3 earnings results on Wednesday, October 27, 2021 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Community Health Systems beat their estimated earnings by 475.0%, reporting an EPS of $0.69 versus an estimate of $0.12, which surprised analysts.
Revenue was up $11,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.24, which was followed by a 5.8% drop in the share price the next day.
Here’s a look at Community Health Systems’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.01 | -0.15 | 0.20 | -0.16 |
| EPS Actual | 0.23 | 0.36 | 0.96 | 0.18 |
| Revenue Estimate | 2.94B | 2.96B | 3.07B | 2.90B |
| Revenue Actual | 3.01B | 3.01B | 3.12B | 3.13B |
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