Acadia Healthcare Company Inc ACHC.OQ reported quarterly adjusted earnings of 83 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 91 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 69 cents per share. Wall Street expected results to range from 53 cents to 85 cents per share.
Revenue rose 9.2% to $869.23 million from a year ago; analysts expected $840.02 million.
Acadia Healthcare Company Inc's reported EPS for the quarter was 33 cents.
The company reported quarterly net income of $30.13 million.
Acadia Healthcare Company Inc shares had fallen by 5.8% this quarter and lost 46.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 7.6% 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 10 "strong buy" or "buy," 4 "hold" and no "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 $40.00, about 46.6% above its last closing price of $21.37
This summary was machine generated from LSEG data August 5 at 09:39 p.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)