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Community Health Net Falls; Income Below Forecasts

Community Health Systems Inc. said fourth-quarter net income was $28.18 million, or 30 cents a share, less than half the $62.57 million, or 70 cents a share, for the same period a year ago. Adjusted earnings for the Franklin, Tenn. hospital operator were 49 cents a share, below the 64-cent expectation from analysts polled by FactSet. Sales were $3.23 billion, below the $3.28 billion reported last year and slightly above the $3.22 billion analyst forecast. Community Health ended trading Tuesday up 1% to $41.61.Copyright © 2014 MarketWatch, Inc....

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