Acadia Healthcare Q2 Profit Rises - Quick Facts

(RTTNews) - Acadia Healthcare Co., Inc. (ACHC) Tuesday said second-quarter profit from continuing operations almost more-than-doubled to $12.3 million or $0.24 per share from $6.1 million or $0.17 per share in the same period last year.

Adjusted earnings for the quarter was $13.1 million or $0.26 per share. On average, 12 analysts polled by Thomson Reuters expected the company to earn $0.25 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues totaled $177.5 million, up 76.6 percent from $100.5 million last year. Analysts expected revenues of $169.21 million.

For the fiscal 2013, the company currently projects earnings in the range of $1.01 to $1.03 per share. This compares to the previous guidance range of $1.00 to $1.03 per share. Analysts currently expect full-year earnings of $1.02 per share.