Acadia Healthcare Shares Surge 23% Following Q4 Revenue Beat, Capacity Growth

The stock is moving higher as the broader market is experiencing gains, with the Nasdaq up 1.23%.Earnings SnapshotAcadia Healthcare reported fourth-quarter adjusted earnings of 7 cents, beating the consensus of 6 cents.Sales of $821.46 million, beating the consensus of $800.07 million. Revenue exceeded the high end of the company's implied fourth-quarter guidance, primarily a result of improved volume growth during the quarter.Performance MetricsSales increased 6.1% year-over-year. Same-facility revenue inc ...

Acadia Healthcare Shares Surge 23% Following Q4 Revenue Beat, Capacity Growth - Reportify