Community Health Systems, Inc. (CYH) CEO Wayne Smith on Q3 2020 Results - Earnings Call Transcript

Oct. 28, 2020 5:18 PM ETCommunity Health Systems, Inc. (CYH) StockCYH
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Q3: 2020-10-27 Earnings Summary

EPS of $0.18 beats by $0.29
 | Revenue of $3.13B (-3.70% Y/Y) beats by $217.15M

Community Health Systems, Inc. (NYSE:CYH) Q3 2020 Results Conference Call October 28, 2020 11:00 AM ET

Company Participants

Ross Comeaux - Vice President-Investor Relations
Wayne Smith - Chairman and Chief Executive Officer
Tim Hingtgen - President and Chief Operating Officer
Dr. Lynn Simon - President of Clinical Operations and Chief Medical Officer
Kevin Hammons - Executive Vice President and Chief Financial Officer

Conference Call Participants

Brian Tanquilut - Jefferies
Frank Morgan - RBC Capital Markets
Ralph Giacobbe - Citi
Kevin Fischbeck - Bank of America
Andrew Mok - Barclays
A.J. Rice - Crédit Suisse
Josh Raskin - Nephron Research

Operator

Ladies and gentlemen, thank you for standing by, and welcome to Community Health Systems' Third Quarter 2020 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded. [Operator Instructions]

I would now like to hand the conference over to your speaker today, Mr. Ross Comeaux, Vice President of Investor Relations. Thank you. Please go ahead, sir.

Ross Comeaux

Thank you, Mike. Good morning, and welcome to Community Health Systems' third quarter conference call. Before we begin the call, I'd like to read the following disclosure statement. This conference call may contain certain forward-looking statements, including all statements that do not relate solely to historical or current facts. These forward-looking statements are subject to a number of known and unknown risks, which are described in headings such as Risk Factors in our annual report on Form 10-K and other reports filed with or furnished to the Securities and Exchange Commission.

As a consequence, actual results may differ significantly from those expressed in any forward-looking statements in today's discussion. We do not intend to update any of these forward-looking statements. Yesterday

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