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Dec 31, 2020
CHS Q4 2020 Earnings Report
Community Health Systems reported increased net income and adjusted EBITDA for Q4 2020, driven by pandemic relief funds and cost management efforts, despite a decrease in admissions.
Key Takeaways
Community Health Systems, Inc. announced its Q4 2020 results, with net operating revenues totaling $3.119 billion. Net income attributable to common stockholders was $311 million, or $2.57 per share (diluted). Adjusted EBITDA was $614 million. The results were positively impacted by $153 million of pandemic relief funds.
Net operating revenues totaled $3.119 billion.
Net income attributable to common stockholders was $311 million, or $2.57 per share (diluted).
Adjusted EBITDA was $614 million.
$153 million of pandemic relief funds were recognized.
Forward Guidance
The Company projects net operating revenues between $11.7 billion and $12.5 billion and Adjusted EBITDA between $1.6 billion and $1.8 billion for the year ending December 31, 2021.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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