Community Health Systems declined more than 10% on Thursday after reporting weaker-than-expected second quarter results and lowering its full-year guidance. The hospital chain posted an adjusted loss of $0.19 per share, missing estimates by $0.09, while revenue came in at $2.83 billion, about $70 million below analysts’ consensus. Adjusted EBITDA for the quarter was $330 million. The company now sees a per-share loss for fiscal 2026 in the range of $1.25 to $1.10, wider than its previous guidance of $0.60 to $0.00, and cut its operating revenue outlook to $11.4 billion to $11.6 billion from $11.6 billion to $12.0 billion. Adjusted EBITDA is now expected to be between $1.30 billion and $1.38 billion, down from the prior range of $1.34 billion to $1.49 billion.
Community Health Systems IncReported weaker-than-expected Q2 results and slashed full-year guidance on earnings and revenue.