NYSE$CYH

Community Health Systems Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Community Health Systems experienced a decrease in net operating revenues and a net loss attributable to common stockholders in the first quarter of 2021.

Community Health Systems reported a decrease in net operating revenues to $3.013 billion and a net loss attributable to common stockholders of $(64) million, or $(0.51) per share (diluted). Adjusted EBITDA was $495 million, including $82 million of pandemic relief funds. Net cash provided by operating activities was $101 million.

  • Net operating revenues totaled $3.013 billion.
  • Net loss attributable to common stockholders was $(64) million, or $(0.51) per share (diluted).
  • Adjusted EBITDA was $495 million, including $82 million of pandemic relief funds.
  • Net cash provided by operating activities was $101 million.

Headline financials

Total Revenue

$3.01B

Previous: $3.03B-0.4%
EPS (adj)

$0.36

Previous: -$1.59+122.6%
Adjusted EBITDA

$495M

Previous: $309M+60.2%
Net cash from operating activities

$101M

No prior period
Capital Expenditures

-$105M

Previous: -$99M-6.1%
Free Cash Flow

-$169M

Previous: -$81M-108.6%
Net Income

-$64M

Previous: $18M-455.6%
Operating Income

$326M

Previous: $110M+196.4%
Gross Profit

$2.52B

Previous: $2.53B-0.2%
Cash & Equivalents

$1.25B

Previous: $246M+408.5%
Total Assets

$15.6B

Previous: $15.4B+1.0%
Stock-Based Comp

$8M

Previous: $2M+300.0%

Revenue & EPS history

CHS · Revenue · Quarterly

$3.01B

Q1 2021-0.4%vs Q1 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Forward guidance

Community Health Systems projects net operating revenues between $11.7 billion and $12.5 billion and Adjusted EBITDA between $1.65 billion and $1.8 billion for the year ending December 31, 2021.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+1.7%

Avg return

Earnings day

+3.6%

Avg return

5 days after

+2.4%

Avg return

30 days after

55%

38 / 69 earnings

Positive

+52.4%

Q4 2022

Best reaction

-41.0%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.3%+6.3%+3.0%
Q4 2025+5.7%+4.5%-13.5%
Q3 2025+25.8%+29.1%-4.3%
Q2 2025+0.0%-0.7%+7.7%
Q1 2025+18.5%+11.1%+51.0%
Q4 2024+7.8%+9.9%-22.4%
Q3 2024-22.6%-25.3%-33.5%
Q2 2024+17.5%+27.9%+24.9%
Q1 2024+9.8%+11.1%+20.9%
Q4 2023-28.4%-27.7%-11.6%
Q3 2023-7.0%-18.0%+12.1%
Q2 2023+11.8%-8.4%-18.9%
Q1 2023-39.9%-42.3%-48.4%
Q4 2022+52.4%+56.3%-0.6%
Q3 2022+36.8%+35.4%+68.9%
Q2 2022-41.0%-39.6%-38.6%
Q1 2022-4.2%-19.1%-40.1%
Q4 2021-10.1%-21.3%-15.1%
Q3 2021+19.1%+28.9%+28.4%
Q2 2021-6.4%-8.3%-13.1%
Q1 2021+0.3%+15.2%+37.9%
Q4 2020-7.6%-9.3%+28.3%
Q3 2020+19.2%+30.3%+78.3%
Q2 2020+14.2%+26.4%+37.8%
Q1 2020-7.4%-22.9%-11.8%
Q4 2019+42.7%+27.8%-44.2%
Q3 2019-17.0%-30.4%-32.6%
Q2 2019+12.9%+25.8%+39.7%
Q1 2019-1.7%-4.0%-19.9%
Q4 2018+12.8%+21.4%+8.5%
Q3 2018-6.3%+20.0%+33.3%
Q2 2018+2.3%+9.5%+16.7%
Q1 2018+34.7%+26.5%+8.2%
Q4 2017-11.6%-15.0%-31.6%
Q3 2017-23.1%-26.6%-26.3%
Q2 2017-7.8%-8.8%+6.9%
Q1 2017+19.9%+11.7%+2.8%
Q4 2016+33.8%+33.6%+21.7%
Q3 2016+0.8%+4.9%+3.0%
Q2 2016-1.5%-0.5%-19.3%
Q1 2016-22.1%
Q4 2015-22.1%
Q3 2015-2.4%
Q2 2015+1.2%
Q1 2015-7.6%
Q4 2014+1.2%
Q3 2014-5.0%
Q2 2014-4.9%
Q1 2014-7.2%
Q4 2013+0.3%
Q3 2013-0.3%
Q2 2013+2.2%
Q1 2013+4.7%
Q4 2012+1.4%
Q3 2012+2.4%
Q2 2012-4.3%
Q1 2012+5.2%
Q4 2011+5.3%
Q3 2011-2.7%
Q2 2011-6.4%
Q1 2010-3.5%
Q1 2011+0.1%
Q4 2008+8.0%
Q4 2010+8.0%
Q3 2009+2.0%
Q3 2010+2.0%
Q4 2009+4.3%
Q2 2009+4.3%
Q2 2010+4.3%

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