AAC Holdings, Inc. Reports Third Quarter 2016 Results
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Mizuho Securities Downgrades AAC Holdings (AAC) to Neutral
November 4, 2016 6:24 AM EDTMizuho Securities downgraded AAC Holdings (NYSE: AAC) from Outperform to Neutral with a price target of $14.00 (from $26.00) following weak guidance.
Analyst Ann Hynes commented, "We are downgrading AAC to Neutral from Buy given this morning's guidance reduction which, at that midpoint, is a ~10%... More
AAC Holdings (AAC) Misses Q3 EPS by 4c
November 3, 2016 6:43 AM EDTAAC Holdings (NYSE: AAC) reported Q3 EPS of $0.19, $0.04 worse than the analyst estimate of $0.23. Revenue for the quarter came in at $70.5 million versus the consensus estimate of $73.28 million.
"While many of our core operating metrics continued to demonstrate year-over-year and sequential growth resulting... More
