Equity Analysis /
United States of America

US : Community Health Systems, Inc. - CYH | Initial 2021 Guidance Shows Revenue Growth, Continued Margin Improvement

    Alex Ruscher
    Alex Ruscher

    Sr. Res. Assoc.

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    CGS-CIMB
    14 January 2021
    Published byCGS-CIMB

    Preliminary 2020 results and initial 2021 outlook top expectations as margin expansion story remains on track. The company continues to take steps in the right direction, reducing debt by $1B+ in 2020, which has been rewarded by 1x+ of EBITDA multiple expansion, though at 7x+ leverage remains eleva