Acadia Healthcare Company, Inc. (NASDAQ:ACHC) is reporting third quarter earnings results on Thursday 29th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.54 per share.
For the full year, analysts predict revenues of $ 3148.39 million, while looking forward to income of $ 2.05 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 3,280.00 million ~ $ 3,340.00 million, where as bottomline are predicted in a range of $ 2.20 ~ $ 2.40 per share
Click Here For More Historical Outlooks Of Acadia Healthcare Company, Inc.
Previous Quarter Performance
Acadia Healthcare Company, Inc. unwinded income for the second quarter of $ 0.54 per share, from the revenue of $ 750.31 million. The quarterly earnings down 11.48 percent compared with the same quarter last year. Street analysts expected Acadia Healthcare Company, Inc. to report income of $ 0.40 per share on revenue of $ 762.49 million for the second quarter. The bottom line results beat street analysts by $ 0.14 or 35.00 percent, at the same time, top line results fell short of analysts by $ 12.18 million or 1.6 percent.
Stock Performance
Shares of Acadia Healthcare Company, Inc. traded low $ -1.26 or -4.17 percent on Wednesday, reaching $ 28.97 with volume of 405.60 thousand shares. Acadia Healthcare Company, Inc. has traded high as $ 30.24 and has cracked $ 28.82 on the downward trend
According to the previous trading day, closing price of $ 28.97, representing a 172.59 % increase from the 52 week low of $ 11.09 and a 14.36 % decrease over the 52 week high of $ 35.30.
The company has a market capital of $ 2.58 billion and is part of the Healthcare sector and Specialized Health Services industry.
Acadia Healthcare Company, Inc. develops and operates inpatient psychiatric facilities, residential treatment centers, group homes, substance abuse facilities, and outpatient behavioral healthcare facilities to serve the behavioral health and recovery needs of communities in the United States, the United Kingdom, and Puerto Rico. The company operates acute inpatient psychiatric facilities, which cares to stabilize patients that are either threat to themselves or others by hourly observation, daily intervention, and monitoring by psychiatrists; and specialty treatment facilities, including residential recovery and eating disorder facilities, and comprehensive treatment centers that provide continuum care for adults with addictive disorders and co-occurring mental disorders.
