NYSE$CYH
Community Health Systems Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Announced second quarter results with increased revenues and improved key operating metrics.
Community Health Systems, Inc. reported a net operating revenue of $3.115 billion for the second quarter ended June 30, 2023, a 6.2% increase compared to the same period in 2022. The net loss attributable to Community Health Systems, Inc. stockholders was $(38) million, or $(0.29) per share (diluted), compared to $(326) million, or $(2.52) per share (diluted), for the same period in 2022. Adjusted EBITDA was $373 million compared to $253 million for the same period in 2022.
- Net operating revenues totaled $3.115 billion.
- Net loss attributable to Community Health Systems, Inc. stockholders was $(38) million, or $(0.29) per share (diluted).
- Adjusted EBITDA was $373 million.
- Net cash provided by operating activities was $86 million.
Headline financials
Revenue & EPS history
CHS · Revenue · Quarterly
$3.12B
Forward guidance
The Company’s annual earnings guidance for 2023, as provided in our press release issued on February 15, 2023, is reaffirmed. Assumptions underlying the annual earnings guidance provided on February 15, 2023 are unchanged.
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 Q2 2023
+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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