Community Health Systems (CYH +14.7%) is up on average volume ahead of today’s presentation at JPM20 that includes its 2020 outlook. Shares have rallied over 25% this week.
Operating revenues expected to be $12.40B – 12.80B (current consensus: $12.9B), non-GAAP EBITDA: $1.65B – 1.80B, same-store adjusted admissions growth: 1.5 – 2.5%.
Non-GAAP EBITDA for 2019 should be near the midpoint of its previously announced guidance of $1.60B – 1.65B.
#JPM20
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