Dec. 9 at 5:52 PM
$CYH slides 7% — is the market overreacting? 🤔
Despite a YTD gain of roughly 11% and a strong earnings beat with EPS of
$1.27 vs. a projected loss of 32 cents, heavy debt and uneven patient demand weigh heavily on CYH. The net-debt-to-EBITDA ratio of 7.6X is a major concern, much higher than the industry average of 3.9X. 📉
See what this means for CYH’s future 👉 https://www.zacks.com/stock/news/2801756/community-health-systems-stock-falls-7-amid-debt-other-pressures?cid=sm-stocktwits-2-2801756-body-24089&ADID=SYND_STOCKTWITS_TWEET_2_2801756_BODY_24089