Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Acadia Healthcare (ACHC)
NASDAQ:ACHC
Holding ACHC?
Track your performance easily
Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.72Last Year’s EPS
$0.85Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 30, 2024
|% Change Since: -27.23%
|Next Earnings Date:Feb 27, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook for Acadia Healthcare. While the company reported strong revenue and EBITDA growth and achieved its bed growth targets, it faces significant challenges due to legal scrutiny and negative media coverage impacting volume growth. The company's commitment to quality and safety investments was noted as a positive aspect.Company Guidance
During the Acadia Healthcare's Q3 2024 earnings call, the executives provided updated guidance reflecting certain headwinds. Total revenue for the quarter was reported at $816 million, marking an 8.7% increase from the previous year, with adjusted EBITDA rising by 10.5% to $194.3 million. The company revised its full-year 2024 guidance, projecting revenue between $3.15 billion and $3.165 billion, adjusted EBITDA of $725 million to $735 million, and adjusted earnings per diluted share ranging from $3.35 to $3.45. These revisions account for temporary volume growth challenges, notably from media scrutiny affecting patient day growth, which is expected to be 3% to 4% year-over-year for the fourth quarter. The anticipated impact on revenue is estimated at $20 million to $30 million, with a $10 million to $15 million reduction in EBITDA. Despite these challenges, Acadia remains focused on expanding its capacity with over 2,000 beds under construction, expected to drive growth in 2025 and beyond.Revenue and EBITDA Growth
Acadia Healthcare reported a strong third quarter with total revenue of $816 million, representing growth of 8.7% over the third quarter of 2023. Adjusted EBITDA grew by 10.5% over the same period last year.
Bed Growth Targets Achieved
The company is on pace to complete construction on approximately 1,200 beds this year, meeting its bed growth targets. This includes nearly 700 beds in the fourth quarter from new wholly owned and joint venture facilities.
Positive Labor Cost Trends
Underlying labor costs continued to trend favorably, with initiatives around recruitment, retention, and engagement helping to attract and maintain talent.
Commitment to Quality and Safety
Acadia has invested approximately $100 million in technology to enhance patient and staff safety, including wearable remote patient monitoring systems and electronic medical records (EMRs).
---
ACHC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
ACHC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $52.08 | $42.69 | -18.03% |
| Jul 31, 2024 | $64.85 | $74.09 | +14.25% |
| May 01, 2024 | $72.99 | $66.73 | -8.58% |
| Feb 27, 2024 | $87.38 | $83.43 | -4.52% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Acadia Healthcare (ACHC) report earnings?
Acadia Healthcare (ACHC) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is Acadia Healthcare (ACHC) earnings time?
Acadia Healthcare (ACHC) earnings time is at Feb 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ACHC EPS forecast?
ACHC EPS forecast for the fiscal quarter 2024 (Q4) is $0.72.
---