Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Acadia Healthcare Co (NASDAQ: ACHC) will be releasing its next round of earnings this Tuesday, August 04. For all of the relevant information, here is your guide for Tuesday's Q2 earnings announcement.
Earnings and Revenue
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Sell-side analysts expect Acadia Healthcare Co's EPS to be near $0.4 on sales of $762.49 million. Acadia Healthcare Co earnings in the same period a year ago was $0.610 per share. Quarterly sales came in at $789.36 million. If the company were to post earnings inline with the consensus estimate when it reports Tuesday, EPS would be down 34.43%. Revenue would be down 4.12% from the year-ago period. Acadia Healthcare Co's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.38 | 0.49 | 0.55 | 0.58 |
| EPS Actual | 0.42 | 0.51 | 0.52 | 0.61 |
| Revenue Estimate | 795.22 M | 780.27 M | 790.36 M | 795.29 M |
| Revenue Actual | 782.81 M | 780.23 M | 777.25 M | 789.36 M |
Stock Performance
For a full 12 months, the return has risen by 0.79%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Don't 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: https://edge.media-server.com/mmc/p/vqirz5qb
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.