AAC Holdings, Inc. Reports Third Quarter 2019 Results

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Go back to AAC Holdings, Inc. Reports Third Quarter 2019 Results

AAC Holdings (AAC) Misses Q3 EPS by 17c, Revenues Miss; Offers FY19 EPS/Revenue Guidance Below Consensus

November 12, 2019 6:31 AM EST

AAC Holdings (NYSE: AAC) reported Q3 EPS of ($0.52), $0.17 worse than the analyst estimate of ($0.35). Revenue for the quarter came in at $58.9 million versus the consensus estimate of $70.05 million.

Third Quarter 2019 Operational and Financial Highlights:(All comparisons are to second quarter ended June 30, 2019, unless otherwise noted)

New admissions improved to 4,844 from 4,830Operating expenses decreased by... More