Zacks Research Has Bearish Forecast for CYH Q2 Earnings

Key Points

• Zacks Research cut its Q2 2026 EPS estimate for Community Health Systems to ($0.13) (from ($0.12)) and maintains a Hold rating, forecasting FY2026 EPS around ($0.58) versus a consensus of ($0.55).
• CYH reported a Q1 EPS miss of ($0.48) on April 21 (consensus ($0.18)) with revenue of $2.97B (down 6.1% YoY), and the company set FY2026 guidance of -0.600 to 0.000 EPS.
• Several brokers have trimmed price targets and ratings, leaving a MarketBeat consensus rating of Reduce and an average price target of $3.28; the stock trades near $2.83 with a market cap of about $398M and roughly 85% institutional ownership.

Community Health Systems, Inc. (NYSE:CYH - Free Report) - Investment analysts at Zacks Research dropped their Q2 2026 earnings estimates for shares of Community Health Systems in a report released on Monday, May 4th. Zacks Research analyst Team now anticipates that the company will earn ($0.13) per share for the quarter, down from their prior forecast of ($0.12). Zacks Research has a "Hold" rating on the stock. The consensus estimate for Community Health Systems' current full-year earnings is ($0.55) per share. Zacks Research also issued estimates for Community Health Systems' Q3 2026 earnings at ($0.03) EPS, Q4 2026 earnings at $0.06 EPS, FY2026 earnings at ($0.58) EPS, Q1 2027 earnings at ($0.17) EPS, Q2 2027 earnings at ($0.05) EPS, Q3 2027 earnings at ($0.01) EPS, Q4 2027 earnings at $0.09 EPS, FY2027 earnings at ($0.14) EPS and Q1 2028 earnings at ($0.05) EPS.

Community Health Systems (NYSE:CYH - Get Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The company reported ($0.48) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.18) by ($0.30). The firm had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $2.89 billion. Community Health Systems had a negative return on equity of 7.62% and a net margin of 3.78%.Community Health Systems's revenue was down 6.1% on a year-over-year basis. During the same period last year, the business earned ($0.03) EPS. Community Health Systems has set its FY 2026 guidance at -0.600-0.000 EPS.

A number of other research analysts have also commented on CYH. Wells Fargo & Company lowered their price target on Community Health Systems from $3.00 to $2.00 and set an "underweight" rating for the company in a research report on Wednesday, January 7th. Wall Street Zen cut Community Health Systems from a "hold" rating to a "sell" rating in a research note on Saturday, April 25th. Barclays dropped their price target on Community Health Systems from $3.50 to $3.00 and set an "equal weight" rating for the company in a research note on Thursday, April 23rd. Truist Financial reduced their price objective on shares of Community Health Systems from $3.50 to $3.00 and set a "hold" rating on the stock in a research report on Thursday, April 23rd. Finally, Weiss Ratings lowered shares of Community Health Systems from a "sell (d+)" rating to a "sell (d)" rating in a report on Friday, April 24th. One investment analyst has rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, Community Health Systems presently has a consensus rating of "Reduce" and an average price target of $3.28.

Community Health Systems Trading Down 0.9%

Community Health Systems stock opened at $2.83 on Wednesday. Community Health Systems has a 1-year low of $2.38 and a 1-year high of $4.47. The firm has a market cap of $398.10 million, a P/E ratio of 0.82 and a beta of 1.89. The firm has a 50-day moving average of $3.10 and a 200-day moving average of $3.27.

Institutional Investors Weigh In On Community Health Systems

Several institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada lifted its position in Community Health Systems by 601.9% in the 4th quarter. Royal Bank of Canada now owns 9,286 shares of the company's stock valued at $29,000 after acquiring an additional 7,963 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Community Health Systems in the 3rd quarter worth $32,000. Lazard Asset Management LLC purchased a new position in shares of Community Health Systems in the fourth quarter worth $34,000. Wealthcare Advisory Partners LLC purchased a new stake in shares of Community Health Systems during the fourth quarter valued at $35,000. Finally, Quarry LP bought a new stake in Community Health Systems in the 3rd quarter worth about $39,000. Institutional investors own 84.99% of the company's stock.

About Community Health Systems

Community Health Systems, Inc NYSE: CYH is one of the largest publicly traded hospital operators in the United States. Headquartered in Franklin, Tennessee, the company owns, leases and manages general acute care hospitals and outpatient facilities, primarily in non-urban and mid-market communities. CHS is focused on delivering locally accessible healthcare services through its network of affiliated hospitals, clinics and post-acute providers.

The company's core offerings include inpatient medical and surgical care, emergency services, critical care, diagnostic imaging and laboratory testing.

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