Loading...
•
Mar 31, 2020
Acadia Healthcare Q1 2020 Earnings Report
Acadia Healthcare's first quarter performance met expectations despite challenges from the COVID-19 pandemic, with revenue increasing and the company taking measures to ensure patient and employee safety.
Key Takeaways
Acadia Healthcare reported a 2.9% increase in revenue for the first quarter of 2020, reaching $782.8 million. Net income attributable to Acadia stockholders was $33.5 million, or $0.38 per diluted share. The company withdrew its full-year 2020 guidance due to COVID-19 uncertainty but remains confident in its long-term growth opportunities.
Revenue increased by 2.9% to $782.8 million compared to Q1 2019.
Net income attributable to Acadia stockholders was $33.5 million, or $0.38 per diluted share.
Adjusted income attributable to Acadia stockholders per diluted share was $0.42.
The company withdrew its full-year 2020 financial guidance due to the uncertainty related to the COVID-19 pandemic.
Forward Guidance
Due to the uncertainty related to the COVID-19 pandemic, Acadia withdrew its 2020 financial guidance.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...