FRANKLIN, Tenn. (AP) _ Acadia Healthcare Co. (ACHC) on Monday reported second-quarter earnings of $44.5 million.

The Franklin, Tennessee-based company said it had net income of 49 cents per share. Earnings, adjusted for one-time gains and costs, came to 71 cents per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.

The provider of inpatient behavioral health care services posted revenue of $582.2 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $561.1 million.

Acadia Healthcare expects full-year earnings in the range of $2.50 to $2.70 per share, with revenue in the range of $2.28 billion to $2.32 billion.

Acadia Healthcare shares have climbed 23% since the beginning of the year. In the final minutes of trading on Monday, shares hit $61.74, more than doubling in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACHC at https://www.zacks.com/ap/ACHC

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