Community Health Systems Shares Fall After Q1 Loss Widens, Revenue Falls
Community Health Systems (CYH) shares were down 15.5% after the company reported a wider Q1 adjusted net loss and lower revenue.The company reported a Q1 adjusted net loss Wednesday of $0.48 per diluted share, widening from a loss of $0.03 a year earlier.Analysts polled by FactSet expected a loss of $0.11.Net operating revenue for the quarter ended March 31 was $2.97 billion, down from $3.16 billion a year earlier.Analysts expected revenue of $2.95 billion.Community Health reiterated its full-year 2026 guidance, projecting a net loss ranging from $0.60 per share to breakeven. Analysts surveyed by FactSet expect a net loss of $0.39. The company also reaffirmed net operating revenue guidance of $11.6 billion to $12 billion. Analysts expect $11.65 billion.Price: $2.62, Change: $-0.48, Percent Change: -15.48%
