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Mar 31, 2021
Acadia Healthcare Q1 2021 Earnings Report
Acadia Healthcare reported strong first quarter results, driven by revenue growth and strategic investments.
Key Takeaways
Acadia Healthcare reported a strong start to 2021, with revenue increasing by 8.2% to $551.2 million. The company's same facility revenue grew by 7.4%, and adjusted EBITDA was $119.5 million. Acadia is focused on strategic investments in facility expansions, de novo facilities, and joint venture partnerships to drive long-term growth.
Revenue increased by 8.2% to $551.2 million compared to Q1 2020.
Same facility revenue grew by 7.4% compared to Q1 2020.
Adjusted EBITDA was $119.5 million, compared to $96.7 million in the same period last year.
The company completed debt refinancing actions in March 2021.
Forward Guidance
Acadia increased its financial guidance for 2021.
Positive Outlook
- Revenue in a range of $2.24 billion to $2.29 billion
- Adjusted EBITDA in a range of $500 million to $530 million
- Adjusted earnings per diluted share in a range of $2.30 to $2.55
- Interest expense of approximately $17 million per quarter for the remainder of 2021
Historical Earnings Impact
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Avg. Return Before/After Earnings
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