Acadia Healthcare Co ACHC announces its next round of earnings this Monday, August 02. Here is Benzinga's everything-that-matters guide for this Monday's Q2 earnings announcement.
Net Income, Earnings, And Earnings Per Share
Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.
Earnings And Revenue
Wall Street expects EPS of $0.63 and sales around $560.83 million. Acadia Healthcare Co EPS in the same period a year ago totaled $0.54. Revenue was $750.31 million.
Why Analyst Estimates And Earnings Surprises Are Important
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
The Wall Street estimate would represent a 16.67% increase in the company's earnings. Revenue would be down 25.25% on a year-over-year basis. The company's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
---|---|---|---|---|
EPS Estimate | 0.45 | 0.64 | 0.54 | 0.40 |
EPS Actual | 0.47 | 1.13 | 0.68 | 0.54 |
Revenue Estimate | 545.24 M | 748.57 M | 800.24 M | 762.49 M |
Revenue Actual | 551.20 M | 541.28 M | 833.30 M | 750.31 M |
Want Real-Time Earnings Calendar Updates?
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Stock Performance
Over the last 52-week period, shares are up 104.33%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Do not be surprised to see the stock move on comments made during its conference call. Acadia Healthcare Co is scheduled to hold the call at 09:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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