Psychiatric Solutions, Inc. (PSYS) posted third quarter income from continuing operations attributable to PSI stockholders of $28.1 million or $0.50 per share, compared to $27.9 million or $0.49 per share in the prior year period. Net income attributable to PSI stockholders was $28.1 million or $0.50 per share, compared to $26.3 million or $0.47 per share in last year quarter.
On average, 15 analysts polled by Thomson Reuters expected the company to report earnings of $0.56 per share. Analysts' estimates typically exclude special items.
Revenue for the quarter was $455.3 million, up from $431.7 million in the prior year quarter. PSI's same-facility revenue increased 4.7% for the third quarter of 2009 compared with the third quarter last year.
Wall Street analysts expected revenues of $462.18 million for the quarter.
The company said the increase in revenue primarily reflected a 3.3% increase in patient days and a 1.6% increase in revenue per patient day.
Looking forward, for the fiscal year 2009, the company said it now expects earnings from continuing operations attributable to PSI stockholders per share in a range of $2.11 to $2.14, compared to its prior guidance in the range of $2.16 to $2.24. Street analysts expect earnings of $2.27 per share.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.