Acadia Healthcare Company Inc reports results for the quarter ended in December - Earnings Summary

Acadia Healthcare

28/02/2024 24:19

* Acadia Healthcare Company Inc  ACHC.OQ  reported quarterly
adjusted earnings of 85 cents​​ per share for the quarter ended
in December, higher than the same quarter last year, when the
company reported EPS of 70 cents.  The mean expectation of
eleven analysts for the quarter was for earnings of 79 cents per
share. Wall Street expected results to range from 74 cents to 84
cents per share.
    * Revenue rose 10% to $742.80 million from a year ago;
analysts
expected $727.60 million. 
    * Acadia Healthcare Company Inc's reported EPS for the
quarter was
63 cents​.
    * The company reported quarterly net income of $57.73
million.
    * Acadia Healthcare Company Inc shares had risen by 9.9%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "buy"

Wall Street's median 12-month price target for Acadia Healthcare
Company Inc is $90.00 
This summary was machine generated from LSEG data February 28 at
12:19 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.79           0.85           Beat
 Sep. 30 2023      0.89           0.91           Beat
 Jun. 30 2023      0.86           0.92           Beat
 Mar. 31 2023      0.71           0.75           Beat