By Connor Hart
Shares of Acadia Healthcare declined after the company's 2025 outlook missed estimates.
The stock was down 12% to $35.63 in after-hours trading Thursday. Shares have lost 52% of their value in the past year.
The behavioral-healthcare provider forecast adjusted per-share earnings of $2.50 to $2.80 in 2025, missing the $3.35 that analysts surveyed by FactSet expected. The company guided for revenue between $3.30 billion and $3.40 billion, also below the $3.43 billion that analysts modeled.
For the first quarter, Acadia said it expects revenue of $765 million to $775 million. Analysts were looking for $820.6 million.
The projections came as the company logged lower-than-expected profit and revenue in the fourth quarter.
Acadia posted net income of $32.6 million, or 35 cents a share, compared with $57.7 million, or 63 cents a share, a year earlier. Adjusted per-share earnings of 64 cents missed the 71 cents analysts expected.
Revenue rose to $774.2 million from $742.8 million, below the $779 million that analysts forecasted.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
February 27, 2025 17:56 ET (22:56 GMT)
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