BUZZ-Acadia Healthcare plunges after cutting 2025 profit forecast

Reuters12-03
BUZZ-Acadia Healthcare plunges after cutting 2025 profit forecast

** Shares of Acadia Healthcare ACHC.O fall 23.53% to $12.60 in premarket trading

** Co lowers forecast for 2025 adjusted EBITDA to between $601 million and $611 million, compared with its previous guidance of between $650 million and $660 million

** Eight of 14 brokerage rate the stock "buy" or higher, 5 "hold" and 1 "sell"; their median PT $22.50 - data compiled by LSEG

** As of last close, ACHC down 58.41% YTD

(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment