NYSE$CYH
Community Health Systems Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Community Health Systems reported mixed results for Q1 2024, with revenue increasing slightly and a net loss, but adjusted EBITDA improved. The company focused on operational and strategic priorities.
Community Health Systems reported a slight increase in net operating revenues to $3.140 billion for Q1 2024, compared to $3.108 billion in the same period of 2023. The net loss attributable to stockholders was $(41) million, or $(0.32) per share, an improvement from $(51) million, or $(0.40) per share, in Q1 2023. Adjusted EBITDA increased to $378 million from $335 million year-over-year, and net cash provided by operating activities significantly increased to $96 million from $5 million.
- Net operating revenues increased to $3.140 billion.
- Net loss attributable to stockholders improved to $(41) million, or $(0.32) per share.
- Adjusted EBITDA increased to $378 million.
- Net cash provided by operating activities significantly increased to $96 million.
Headline financials
Revenue & EPS history
CHS · Revenue · Quarterly
$3.14B
Forward guidance
Community Health Systems reaffirmed its annual earnings guidance for 2024, which was originally provided on February 20, 2024. The guidance is based on historical operating performance, current trends, and other assumptions considered reasonable by the company.
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 2024
+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
| Quarter | Report date | Reaction (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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