Acadia Healthcare (ACHC) Offers FY22 and FY23 Guidance
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Acadia Healthcare Company, Inc. (NASDAQ: ACHC) will host its first Investor Day beginning at approximately 9:00 a.m. Eastern Time today, Wednesday, December 7, 2022, in New York City.
During the event, members of Acadia’s management team will provide an overview of the Company’s behavioral healthcare services and review Acadia’s growth strategy and financial outlook. The Company will affirm its previously issued guidance for 2022 and provide initial guidance for 2023, as follows:
| 2022 Guidance Range | 2023 Guidance Range | ||||
Revenue | $2.58 to $2.60 billion | $2.79 to $2.86 billion | ||||
Adjusted EBITDA (1) | $595 to $605 million | $630 to $680 million | ||||
Adjusted earnings per diluted share (1) | $3.00 to $3.10 | $3.10 to $3.45 | ||||
(1) Excluding income from provider relief fund |
(Consensus sees FY22 EPS $3.11/Revenue $2.6B, FY23 EPS $3.33/Revenue $2.82B
“We are excited to provide a comprehensive overview of our operations and to review our growth strategy with our investors,” said Chris Hunter, Chief Executive Officer of Acadia Healthcare. “Our financial guidance reflects Acadia’s solid execution to date in 2022 and our current expectations for continued momentum into the future. Demand for our services remains strong, and we are uniquely positioned to meet the critical need for behavioral healthcare treatment with enterprise capabilities that extend across 246 facilities offering diversified service lines and patient-centered care. We are mindful of the critical role we play as an industry leader, and we believe we have the right strategy in place to continue to extend our market reach and make a positive difference in more communities. We are proud of the important work we are doing and look forward to highlighting the opportunities ahead for Acadia.”
The investor day presentation will be available to investors via a live webcast. A link to the webcast is posted on the investor relations section of the Company’s website at https://www.acadiahealthcare.com/investors/event-calendar, and a replay will be available for 90 days.
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