Community Health Systems Inc · Q4 2019 earnings

Briefing

Announced fourth quarter and year ended December 31, 2019 results.

Community Health Systems, Inc. reported a net operating revenue of $3.286 billion for the fourth quarter of 2019. The net loss attributable to common stockholders was $(373) million, or $(3.27) per share (diluted). Adjusted EBITDA was $447 million. On a same-store basis, admissions increased 0.1 percent and adjusted admissions increased 1.8 percent.

• Net operating revenues totaled $3.286 billion.
• Net loss attributable to Community Health Systems, Inc. common stockholders was $(373) million, or $(3.27) per share (diluted).
• Adjusted EBITDA was $447 million.
• On a same-store basis, admissions increased 0.1 percent and adjusted admissions increased 1.8 percent, compared with the same period in 2018.

Headline financials

Revenue & EPS history

The Company’s projections exclude the effect of debt refinancing activities, including gains and losses from early extinguishment of debt; Impairment of goodwill and long-lived assets; Gains or losses from the sales of businesses; Employee termination benefits and restructuring costs; Resolution of government investigations or other significant legal settlements; Costs incurred in connection with divestitures; and Other significant gains or losses that neither relate to the ordinary course of business nor reflect the Company’s underlying business performance.