Earnings: CHS drops 55% in 4Q
February 22nd, 2012
Community Health Systems Inc.'s (NYSE: CYH) earnings dropped $38.6 million in the fourth quarter compared to one year ago. CHS reported earnings of $30.9 million, or 35 cents per share, on revenue of $3.4 billion. Earnings were impacted by an after-tax charge of $42 million from the early repayment of debt. Excluding the charge for repaying the senior notes early, the company said it earned 85 cents a share from continuing operations. Analysts, on average, had anticipated earnings of 87 cents per share on revenue of $3…



