NASDAQ:ACHC - Nasdaq - US00404A1097 - Common Stock - Currency: USD
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Shares of behavioral health company Acadia Healthcare (NASDAQ:ACHC) fell 24.1% in the afternoon session after the company reported weak fourth quarter results: Its revenue guidance for next quarter missed significantly and its EPS fell short of Wall Street's estimates. Overall, this was a softer quarter.
Shares of behavioral health company Acadia Healthcare (NASDAQ:ACHC) fell 24.1% in the afternoon session after the company reported weak fourth quarter results: Its revenue guidance for next quarter missed significantly and its EPS fell short of Wall Street's estimates. Overall, this was a softer quarter.
Behavioral health company Acadia Healthcare (NASDAQ:ACHC) missed Wall Street’s revenue expectations in Q4 CY2024 as sales rose 4.2% year on year to $774.2 million. Next quarter’s revenue guidance of $770 million underwhelmed, coming in 5.8% below analysts’ estimates. Its non-GAAP profit of $0.64 per share was 10.4% below analysts’ consensus estimates.
Behavioral health company Acadia Healthcare (NASDAQ:ACHC) missed Wall Street’s revenue expectations in Q4 CY2024 as sales rose 4.2% year on year to $774.2 million. Next quarter’s revenue guidance of $770 million underwhelmed, coming in 5.8% below analysts’ estimates. Its non-GAAP profit of $0.64 per share was 10.4% below analysts’ consensus estimates.
Shareholders of Acadia Healthcare would probably like to forget the past six months even happened. The stock dropped 43.2% and now trades at $41.25. This was partly due to its softer quarterly results and might have investors contemplating their next move.
/PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Acadia Healthcare Company, Inc. (NASDAQ: ACHC)...