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Jun 30, 2021
Acadia Healthcare Q2 2021 Earnings Report
Acadia Healthcare reported strong financial and operating performance due to increased demand and focus on efficiencies.
Key Takeaways
Acadia Healthcare reported revenue of $582.2 million for the second quarter of 2021, a significant increase from $491.5 million in the same period last year. Net income attributable to Acadia stockholders was $44.5 million, or $0.49 per diluted share, compared to $41.1 million, or $0.46 per diluted share, for the second quarter of 2020. The company is increasing financial guidance for 2021.
Revenue increased to $582.2 million compared to $491.5 million for the second quarter of 2020.
Adjusted EBITDA increased 25.2% to $141.3 million.
Net income attributable to Acadia stockholders was $44.5 million, or $0.49 per diluted share.
Acadia added 86 beds to its operations, including 72 from the opening of a replacement facility for Belmont Behavioral Hospital.
Forward Guidance
Acadia increased the Company’s financial guidance for 2021 to reflect the strong operating and financial performance for the first six months of the year and its expectations for the remainder of the year, as follows:
Historical Earnings Impact
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Avg. Return Before/After Earnings
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