Acadia Healthcare shares are trading lower after the company reported worse-than-expected Q3 revenue results and issued FY24 guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Acadia Healthcare's shares declined following disappointing Q3 revenue results and lower-than-expected FY24 guidance.
October 31, 2024 | 4:00 pm
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Acadia Healthcare's shares are trading lower due to disappointing Q3 revenue results and FY24 guidance that fell below estimates.
The company's Q3 revenue results were worse than expected, and the FY24 guidance was below estimates, leading to a negative market reaction and a decline in share price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100