Community Health Systems, Inc. Reveals 2% Fall In Q3 Earnings

(RTTNews) - Community Health Systems, Inc. (CYH) reported earnings for third quarter that declined from last year.

The company said its profit came in at $60 million, or $0.56 per share. This was lower than $61 million, or $1.01 per share, in last year's third quarter.

Analysts had expected the company to earn $0.61 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.5% to $4.85 billion. This was up from $4.78 billion last year.

Community Health Systems, Inc. earnings at a glance:

-Earnings (Q3): $60 Mln. vs. $61 Mln. last year. -Earnings Decline (Y-o-Y): -1.6% -EPS (Q3): $0.56 vs. $1.01 last year. -EPS Decline (Y-o-Y): -44.6% -Analysts Estimate: $0.61 -Revenue (Q3): $4.85 Bln vs. $4.78 Bln last year. -Revenue Change (Y-o-Y): 1.5%