Benzinga | Aug 4, 2020 05:10PM EDT

Acadia Healthcare Co: Q2 Earnings Insights

Shares of Acadia Healthcare Co (NASDAQ:ACHC) fell 0.29% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 11.48% year over year to $0.54, which beat the estimate of $0.40.

Revenue of $750,311,000 decreased by 4.95% year over year, which missed the estimate of $762,490,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Acadia Healthcare Co hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Aug 04, 2020

Time: 09:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/vqirz5qb

Price Action

Company's 52-week high was at $35.30

Company's 52-week low was at $11.09

Price action over last quarter: Up 15.55%

Company Profile

Acadia Healthcare Co Inc acquires and develops behavioral healthcare facilities in the United States, United Kingdom, and Puerto Rico. Acute inpatient psychiatric facilities and specialty treatment facilities contribute the vast majority of Acadia's revenue in the United States. The U.S. facilities receive the largest proportion of payments from Medicaid, with the second largest proportion from commercial payors. In the United Kingdom, the majority of Acadia's revenue comes from its healthcare facilities, and virtually all of the payment received is from the National Health Service.