AAC (NYSE:AAC) issued an update on its FY18 earnings guidance on Tuesday morning. The company provided earnings per share guidance of ($0.15-0.10) for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.72. The company issued revenue guidance of $315-320 million, compared to the consensus revenue estimate of $337.24 million.AAC also updated its FY 2018 guidance to $-0.15–0.1 EPS.
NYSE AAC traded up $0.02 on Wednesday, hitting $2.99. 1,297,899 shares of the stock were exchanged, compared to its average volume of 229,428. The company has a quick ratio of 2.59, a current ratio of 2.59 and a debt-to-equity ratio of 2.34. AAC has a fifty-two week low of $2.80 and a fifty-two week high of $12.96. The stock has a market capitalization of $141.43 million, a PE ratio of 4.98 and a beta of 1.60.
AAC (NYSE:AAC) last issued its earnings results on Tuesday, November 6th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.32). AAC had a negative net margin of 6.41% and a positive return on equity of 7.32%. The company had revenue of $77.47 million during the quarter, compared to analyst estimates of $84.21 million. During the same quarter in the previous year, the company posted $0.12 EPS. The company’s quarterly revenue was down 3.7% on a year-over-year basis. On average, equities research analysts expect that AAC will post 0.72 earnings per share for the current fiscal year.
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AAC Company Profile
AAC Holdings, Inc provides inpatient and outpatient substance use treatment services for individuals with drug addiction, alcohol addiction, and co-occurring mental/behavioral health issues in the United States. Its therapy services include motivational interviewing, cognitive behavioral therapy, rational emotive behavior therapy, dialectical behavioral therapy, solution-focused therapy, eye movement desensitization and reprocessing, and systematic family intervention.
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