Acadia Healthcare Sees 2024 Revenue $3.150B-$3.165B Vs $3.204B Est.; Adj. EPS $3.35-$3.45 Per Share Vs $3.520 Est.
Portfolio Pulse from Benzinga Newsdesk
Acadia Healthcare has provided its 2024 financial guidance, projecting revenues between $3.150 billion and $3.165 billion, which is below the estimated $3.204 billion. The adjusted EPS is expected to be between $3.35 and $3.45 per share, also below the estimated $3.520.
October 30, 2024 | 8:32 pm
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NEGATIVE IMPACT
Acadia Healthcare's 2024 revenue and EPS guidance fall short of estimates, indicating potential challenges in meeting market expectations.
The company's guidance for both revenue and EPS is below market expectations, which could lead to a negative market reaction as investors may perceive this as a sign of potential underperformance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100