Community Health reports Q1 EPS (43c), consensus (9c)

Reports Q1 revenue $2.965B, consensus $2.95B. Commenting on the results, Kevin J. Hammons, chief executive officer of Community Health (CYH) Systems, Inc., said, “We are pleased with the continued, tangible progress on our key priorities, demonstrated by improvements in quality scores, patient experience and physician satisfaction measures, and investments in growth opportunities. In the face of a dynamic macroeconomic environment, we remain focused on the variables within our control and believe we are positioning the Company for long-term success and value creation.”