By Connor Hart
Shares of Community Health Systems climbed after the company swung to a surprise profit in the third quarter.
The stock rose 19% to $3.89 in midday trading Friday. Shares are up 30% since the beginning of the year, despite having slipped almost 3% over the past 52 weeks.
The company, which provides healthcare and outpatient services, late Thursday reported a profit of $130 million, or 96 cents a share, compared with a loss of $355 million, or $2.95 a share, a year earlier.
Stripping out certain one-time items, adjusted earnings were $1.27 a share. Analysts surveyed by FactSet had expected an adjusted loss of 25 cents.
Revenue was flat at $3.09 billion, ahead of the $2.99 billion that Wall Street had modeled.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
October 24, 2025 12:18 ET (16:18 GMT)
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