Community Health reports Q3 EPS ex-items ($1.64), consensus ($1.02) - InvestingChannel

Community Health reports Q3 EPS ex-items ($1.64), consensus ($1.02)

Reports Q3 revenue $3.451B, consensus $3.35B. Commenting on the results, Wayne T. Smith, chairman and chief executive officer of Community Health Systems, Inc., said, “We are pleased with the progress we made in the third quarter, and we are encouraged by the momentum we are seeing from strategic and operational initiatives that have been implemented across our portfolio of hospitals. We are especially pleased with same store performance in many of our core markets. We believe our overall performance will continue to improve as we complete additional divestitures and direct our investments into markets where we have the greatest opportunities for growth.”