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

Acadia Healthcare

03/11/2023 19:06

* Acadia Healthcare Company Inc  ACHC.OQ  reported quarterly
adjusted earnings of 91 cents​​ per share for the quarter ended
in September, lower than the same quarter last year, when the
company reported EPS of $1.64.  The mean expectation of
eleven analysts for the quarter was for earnings of 89 cents per
share. Wall Street expected results to range from 86 cents to 93
cents per share.
    * Revenue rose 12.5% to $750.33 million from a year ago;
analysts
expected $725.31 million. 
    * Acadia Healthcare Company Inc's reported EPS for the
quarter was
a loss of $2.39​.
    * The company reported a quarterly loss of $217.71 million.
    * Acadia Healthcare Company Inc shares had risen by 4.2%
this
quarter and lost 11.0% so far this year.

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

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Acadia
Healthcare
Company Inc is $90.00 

This summary was machine generated from LSEG data November 3 at
07:06 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.89           0.91           Beat
 Jun. 30 2023      0.86           0.92           Beat
 Mar. 31 2023      0.71           0.75           Beat
 Dec. 31 2022      0.75           0.70           Missed