Acadia Healthcare(US:ACHC) Zacks Investment Research·2024-05-01 22:46Core Viewpoint - Acadia Healthcare reported quarterly earnings of $0.84 per share, exceeding the Zacks Consensus Estimate of $0.80 per share, and showing an increase from $0.75 per share a year ago, indicating a positive earnings surprise of 5% [1] Financial Performance - The company generated revenues of $768.05 million for the quarter ended March 2024, which was 1.20% below the Zacks Consensus Estimate, but an increase from $704.27 million in the same quarter last year [1] - Over the last four quarters, Acadia Healthcare has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [1] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.95 on revenues of $803.8 million, while for the current fiscal year, the estimate is $3.57 on revenues of $3.22 billion [4] - The trend of estimate revisions for Acadia Healthcare has been unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [4] Industry Context - The Medical - Hospital industry, to which Acadia Healthcare belongs, is currently ranked in the bottom 31% of over 250 Zacks industries, suggesting potential challenges for stock performance [5] - The performance of Acadia Healthcare's stock may also be influenced by the overall outlook for the industry [5]