Acadia Healthcare shares fall on mixed-bag results, forecasts

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Acadia Healthcare shares fall on mixed-bag results, forecasts
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Health-clinic operator Acadia Healthcare Co. Inc. on Monday offered up sales results and forecasts that beat estimates, but a weaker showing for profits. The...

Health-clinic operator Acadia Healthcare Co. Inc.

on Monday offered up sales results and forecasts that beat estimates, but a weaker showing for profits. The company, which runs mental-health and addiction-treatment facilities, reported fourth-quarter net income of $63.1 million, or 67 cents a share, compared with $71.5 million, or 77 cents a share, in the same quarter in 2021. Revenue came in at $675.3 million, compared with $593.5 million in the prior-year quarter.

on Monday offered up sales results and forecasts that beat estimates, but a weaker showing for profits. The company, which runs mental-health and addiction-treatment facilities, reported fourth-quarter net income of $63.1 million, or 67 cents a share, compared with $71.5 million, or 77 cents a share, in the same quarter in 2021. Revenue came in at $675.3 million, compared with $593.5 million in the prior-year quarter.

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