Earnings To Watch: Acadia Healthcare (ACHC) Reports Q3 Results Tomorrow

Acadia Healthcare's earnings report is due this Wednesday, with investors eagerly awaiting signs of momentum after a slowdown in growth. The company, known for behavioral health services, beat Wall Street's expectations last quarter but missed broader earnings guidance for the full year. Analysts now forecast a three point six percent increase in revenue for this quarter, a slowdown from last year's nearly nine percent growth. Earnings per share are expected at sixty-eight cents, indicating more modest growth. Meanwhile, competitors HCA Healthcare and Universal Health Services posted stronger revenues, setting a high bar for Acadia. With Acadia's share price down by almost twenty percent over the last month, all eyes are on this report to determine the company's future trajectory.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.