Acadia Healthcare (ACHC) Tops Q3 EPS by 1c, Misses on Revenue; Offers FY24 Guidance

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Go back to Acadia Healthcare (ACHC) Tops Q3 EPS by 1c, Misses on Revenue; Offers FY24 Guidance

Acadia Healthcare Reports Strong Third Quarter 2024 Results

October 30, 2024 4:18 PM EDT

Provides Updated Guidance for 2024

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced financial results for the third quarter and nine months ended September 30, 2024.

Third Quarter Highlights

Revenue totaled $815.6 million, an increase of 8.7% over the third quarter of 2023 Same facility revenue increased 8.6% compared with the third quarter of 2023, including an increase in revenue per patient day of 3.6% and an increase in patient days of 4.7% Net income attributable to Acadia totaled $68.1 million, or $0.74 per diluted share Adjusted income... More