Community Healthcare Q2 2024 FFO $0.53 Misses $0.55 Estimate, Sales $27.516M Miss $30.665M Estimate
Portfolio Pulse from Benzinga Newsdesk
Community Healthcare (NYSE:CHCT) reported Q2 2024 earnings of $0.53 per share, missing the analyst estimate of $0.55. Sales were $27.516 million, also below the $30.665 million estimate. Both earnings and sales showed declines compared to the same period last year.
July 30, 2024 | 9:20 pm
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Community Healthcare (NYSE:CHCT) reported Q2 2024 earnings of $0.53 per share, missing the analyst estimate of $0.55. Sales were $27.516 million, also below the $30.665 million estimate. Both earnings and sales showed declines compared to the same period last year.
The earnings and sales misses, along with year-over-year declines, are likely to negatively impact CHCT's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100