FRANKLIN, Tenn. (AP) — FRANKLIN, Tenn. (AP) — Acadia Healthcare Co. (ACHC) on Tuesday reported fourth-quarter earnings of $57.7 million.

On a per-share basis, the Franklin, Tennessee-based company said it had profit of 63 cents. Earnings, adjusted for non-recurring costs, came to 85 cents per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share.

The provider of inpatient behavioral health care services posted revenue of $742.8 million in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $729 million.

For the year, the company reported a loss of $21.7 million, or 24 cents per share, swinging to a loss in the period. Revenue was reported as $2.93 billion.

For the current quarter ending in March, Acadia Healthcare expects its per-share earnings to range from 78 cents to 83 cents.

The company said it expects revenue in the range of $775 million to $785 million for the fiscal first quarter.

Acadia Healthcare expects full-year earnings in the range of $3.40 to $3.70 per share, with revenue ranging from $3.18 billion to $3.25 billion.

Acadia Healthcare shares have risen 12% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $87.38, an increase of almost 9% in the last 12 months.

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