Acadia Healthcare Co Q3 2024 Adj EPS $0.91 Beats $0.90 Estimate, Sales $815.63M Miss $819.43M Estimate
Portfolio Pulse from Benzinga Newsdesk
Acadia Healthcare Co reported Q3 2024 earnings per share of $0.91, slightly beating the estimate of $0.90. However, sales of $815.63 million missed the expected $819.43 million, despite an 8.70% increase from the previous year.
October 30, 2024 | 8:30 pm
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Acadia Healthcare Co's Q3 2024 earnings per share of $0.91 beat expectations, but sales of $815.63 million fell short of estimates. Sales increased by 8.70% year-over-year.
The earnings per share beat expectations, which is positive, but the sales miss could offset this. The year-over-year sales growth is a positive indicator, but the mixed results may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100