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Earnings Data
Report Date
Jul 22, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.1Last Year’s EPS
-0.05Same Quarter Last Year
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mixed picture: management highlighted meaningful strategic progress (divestitures generating >$1.1B, targeted ASC investments, expected quality rating improvements, improved supply management and reduced contract labor) and maintained full-year guidance, but near-term operating performance showed meaningful softness (adjusted EBITDA down 17.8%, negative operating cash flow, volume and payer-mix pressures, and divestiture-related EBITDA drag). Policy and macroeconomic uncertainties add risk to the outlook. Overall, positives (strategic capital moves, quality improvements, deleveraging) are balanced by significant short-term operational and cash flow headwinds.Company Guidance
Adjusted EBITDA and Margin
Adjusted EBITDA of $309 million in Q1 2026 with a margin of 10.4%, reflecting continued profitability while acknowledging quarter-specific headwinds.
Same-Store Revenue and Pricing
Same-store net revenue increased 3.1% year-over-year, driven by net revenue per adjusted admission growth of 3.7%, reflecting rate increases and state-directed payment benefits.
Strategic Divestitures and Liquidity
Completed divestitures generated more than $1.1 billion in gross proceeds in the quarter; announced $112 million sale of four Arkansas hospitals (expected close in Q2) and used proceeds to pay down debt, reducing net debt to ~ $9.3 billion pro forma and lowering leverage to 6.5x at quarter end (from 7.4x at year-end 2024).
Outpatient/ASC Investment and Growth Initiatives
Announced approximately $85 million of ASC investments (including pending majority acquisition of the Surgical Institute of Alabama performing >8,000 cases annually and other ASCs), expanding outpatient surgical footprint and growth runway.
Quality and Experience Improvements
Management expects significant quality rating improvements: up to ~80% of CHS hospitals to receive a Leapfrog A or B (vs 48% prior year) and 56% to receive CMS ratings of 3+ stars (vs 45% in 2025), underscoring operational and quality progress.
Labor and Supply Cost Management
Average hourly wage increased modestly (~2.3% YoY) while same-store contract labor spend fell ~11% YoY; supplies expense improved, declining 60 basis points to 14.9% of net revenue, aided by procurement and ERP-driven inventory management.
Guidance and Capital Allocation
Full-year 2026 adjusted EBITDA guidance unchanged at $1.34 billion to $1.49 billion; company remains active on both deleveraging and targeted growth investments while keeping next large maturity in 2029 and no ABL draws at quarter end.
CYH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CYH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 21, 2026 | $3.10 | $2.71 | -12.58% |
Feb 18, 2026 | $3.34 | $3.52 | +5.39% |
Oct 23, 2025 | $3.26 | $4.10 | +25.77% |
Jul 23, 2025 | $3.88 | $2.90 | -25.26% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Community Health Systems (CYH) report earnings?
Community Health Systems (CYH) is schdueled to report earning on Jul 22, 2026, After Close (Confirmed).
What is Community Health Systems (CYH) earnings time?
Community Health Systems (CYH) earnings time is at Jul 22, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CYH EPS forecast?
CYH EPS forecast for the fiscal quarter 2026 (Q2) is -0.1.
