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Fly News Breaks for January 30, 2018
CYH
Jan 30, 2018 | 05:37 EDT
Wells Fargo analyst Peter Costa resumed coverage of Community Health Systems with an Underperform rating and $4.50 price target. The analyst believes the company's balance sheet issues are "sufficiently problematic that the equity is likely to be diluted substantially and a turnaround seems far off."
News For CYH From the Last 2 Days
CYH
Apr 24, 2024 | 16:23 EDT
Reports Q1 revenue $3.14B, consensus $3.09B. On a same-store basis, admissions increased 3.8% and adjusted admissions increased 1.9%, compared to the same period in 2023. The company said, "We were pleased with our first quarter performance compared to both prior year and prior quarter. Progress was demonstrated on key operational and strategic priorities, and we remain focused on building further momentum as we pursue the opportunities available to us this year"