What To Expect From Acadia Healthcare Company, Inc. ($ACHC) 2Q20 Earnings

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Acadia Healthcare Company, Inc. (NASDAQ:ACHC) is expected to report second quarter earnings results, after market close, on Tuesday 4th August 2020.

Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.40 per share from revenue of $ 762.49 million.

Looking ahead, the full year income are expected at $ 1.87 per share on the revenues of $ 3170.79 million.

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. outlined income for the first quarter of $ 0.42 per share, from the revenue of $ 782.81 million. The quarterly earnings extended 7.69 percent while revenues expanded 3.01 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.38 per share from $ 793.23 million in revenue. The bottom line results beat street analysts by $ 0.04 or 10.53 percent, at the same time, top line results fell short of analysts by $ 10.42 million or 1.31 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Acadia Healthcare Company, Inc.

Stock Performance

According to the previous trading day, closing price of ACHC was $ 30.22, representing a 172.50 % increase from the 52 week low of $ 11.09 and a 14.39 % decrease over the 52 week high of $ 35.30.

The company has a market capital of $ 2.69 billion and is part of the Healthcare sector and Specialized Health Services industry.

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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.