8-K ·Filed Apr 21, 2026

CYH

COMMUNITY HEALTH SYSTEMS INC
BEARISH
Impact 7/10
Horizonimmediate Processed5mo ago SEC0001193125-26-167000
8-K Item 2.02: Earnings release
Actionable Insight ▼ Bearish

Monitor upcoming quarters for signs of stabilization in same-store volumes and payor mix, as the reaffirmed guidance appears optimistic given current trends.

DirectionBearish
Confidencehigh
Horizonimmediate
Final — all horizons settled through T+60d
CYH ▲ +21.77% at T+60d
SHORT call ✗ call lost -21.77% · α vs SPY -16.99% · entry $2.71 → $3.30
Entry anchored
Apr 21, 04:25 PM ET
via exchange tick
T+1d
-8.12%
call +8.12% · α +7.72%
$2.49
settled 5mo ago
T+5d
+5.90%
call -5.90% · α -5.85%
$2.87
settled 5mo ago
T+20d
+3.32%
call -3.32% · α -0.16%
$2.80
settled 5mo ago
T+60d
+21.77%
call -21.77% · α -16.99%
$3.30
settled 3mo ago

Price Chart

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Executive Summary

Community Health Systems (CYH) reported Q1 2026 earnings with a net loss of $0.43 per share on $2.965B revenue, missing consensus estimates. The company reaffirmed its 2026 guidance despite declining same-store volumes and an unfavorable payor mix.

Key Financial Metrics

EPS
$-0.43
est $-0.07 · -514.3%
Revenue
$3.0B
est $3.0B · +0.5% · -6.1% YoY
Rating
strong miss

Key Facts

  • Q1 2026 EPS: $(0.43) vs. consensus $(0.07), a strong miss
  • Q1 2026 revenue: $2.965B vs. consensus $2.95B, slight beat
  • Adjusted EBITDA declined 17.8% YoY to $309M
  • Same-store admissions decreased 1.3% YoY
  • Company reaffirmed 2026 annual guidance

Financial Impact

Net loss of $58M on $2.965B revenue, with Adjusted EBITDA down 17.8% YoY

epsrevenueebitdaadmissions

Risk Factors

  • Continued decline in same-store admissions
  • Unfavorable payor mix impacting margins

Market Snapshot

Exchange
NYSE
Sector
Services-General Medical & Surgical Hospitals, NEC

Investment Themes

Healthcare & Medical Devices

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001193125-26-167000
Document: cyh-20260421.htm0001193125-26-167000
Document: 0001193125-26-167000-index-headers.html0001193125-26-167000
Document: 0001193125-26-167000-index.html0001193125-26-167000
Document: 0001193125-26-167000.txt0001193125-26-167000
8-K Data (Synthetic)0001193125-26-167000
3 reports for CYH
Performance horizon
Filters
Rows
Reports for CYH — sortable, filterable
TypeNow
Jun 1, 2026
17w ago
8-K
NEUTRAL ★ 5/10
$2.78 $2.92▲ +5.04%▲ +3.92%$2.72 (−2.16%)
Apr 21, 2026
23w ago
8-K
BEARISH ★ 7/10
$2.71 $3.30▼ −21.77%▼ −16.99%$2.72 (−0.37%)
Mar 5, 2026
30w ago
8-K
NEUTRAL ★ 5/10
$3.35 $2.75▼ −17.91%▼ −30.69%$2.72 (−18.81%)
Showing 3 of 3

US Market Status

Market Closed — Opens Mon (64h 38m)

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