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Community Health Systems (CYH) Reports Q4 Loss Per Share of 28c, Adj. EBITDA Declines YoY

February 16, 2016 7:30 AM EST

Community Health Systems (NYSE: CYH) reported Q4 EPS of ($0.28), may not compare to the analyst estimate of $0.95. Revenue for the quarter came in at $4.8 billion versus the consensus estimate of $4.99 billion.

Adjusted EBITDA for the three months ended December 31, 2015, which includes the provision for bad debts change in estimate adjustment of $169 million, was $527 million compared with $785 million for the same period in 2014, representing a 32.9 percent decrease.

GUIDANCE:

Community Health Systems sees FY2016 EPS of $3.40-$3.80, versus the consensus of $3.68.

The following is provided as guidance to analysts and investors:

2016 Projection Range
Net operating revenues less provision for bad debts (in millions) $20,000 to $20,600
Adjusted EBITDA (in millions) $2,900 to $3,050
Income from continuing operations per share - diluted $3.40 to $3.80
Same-store hospital annual adjusted admissions growth 0.5% to 2.5%
Weighted-average diluted shares, in millions 111.0 to 113.0

For earnings history and earnings-related data on Community Health Systems (CYH) click here.



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