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Wednesday 19 August 2015
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Stocks That Lost Enormously Wednesday- Saia (NASDAQ:SAIA), Parker Drilling Company (NYSE:PKD), Mueller Water Products, (NYSE:MWA), Acadia Healthcare Company (NASDAQ:ACHC)

On Wednesday, Saia Inc (NASDAQ:SAIA)’s shares declined -4.88% to $40.97.

Saia Inc (SAIA) stated first quarter 2015 results.

First Quarter 2015 Contrast to First Quarter 2014 Results

  • Revenues were $293 million, a 2.2% decrease
  • Operating income raised 39% to $21.2 million contrast to $15.2 million
  • Diluted earnings per share were $0.49 contrast to $0.34
  • Operating ratio improved to 92.8 contrast to 94.9
  • LTL tonnage reduced 6.6% as LTL shipments were down 2.8%

Financial Position and Capital Expenditures
Total debt was $107.6 million at March 31, 2015 and net debt to total capital was 22.1%. This compares to total debt of $79.7 million and net debt to total capital of 20.0% at March 31, 2014.

Saia, Inc., through its auxiliaries, operates as a transportation company in the United States. It provides regional and interregional less-than-truckload, truckload, guaranteed, expedited, and logistics services.

Parker Drilling Company (NYSE:PKD)’s shares dropped -4.84% to $3.93.

Parker Drilling Company (PKD) declared it intends to report its 2015 First Quarter financial results on Tuesday, May 5, 2015, after market close.

The Company anticipates to issue its earnings report on the evening of Tuesday, May 5, 2015 and will follow with a conference call the morning of Wednesday, May 6, 2015 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) to review details of the report.

Parker Drilling Company, together with its auxiliaries, provides contract drilling and drilling-related services and rental tools in the United States, Latin America, Africa, the Middle East, the Asia Pacific, Europe, and the Commonwealth of Independent States. It operates in five segments: Rental Tools; U.S. Barge Drilling; U.S. Drilling; International Drilling; and Technical Services.

At the end of Wednesday’s trade, Mueller Water Products, Inc. (NYSE:MWA)‘s shares dipped -4.80% to $9.71.

Mueller Water Products, Inc. (MWA) declared that its Board of Directors declared a quarterly dividend of 2 cents ($0.02) per share, payable on or about May 20, 2015 to stockholders of record as of the close of business on May 8, 2015. The dividend represents a 14.3 percent enhance from the previous quarter’s dividend of $0.0175 per share.

Mueller Water Products, Inc. manufactures and markets products and services for the use in transmission, distribution, and measurement of water in the United States, Canada, and internationally.

Acadia Healthcare Company Inc (NASDAQ:ACHC), ended its Wednesday’s trading session with -4.80% loss, and closed at $68.89.

Acadia Healthcare Company Inc (ACHC) declared financial results for the first quarter ended March 31, 2015. Revenue raised 81.6% to $365.8 million from $201.4 million for the first quarter of 2014. Income from ongoing operations was $14.6 million, or $0.23 per diluted share, for the first quarter of 2015 contrast with $13.0 million, or $0.26 per diluted share, for the first quarter of 2014. Adjusted income from ongoing operations raised 93.5% to $27.1 million for the first quarter of 2015 from $14.0 million for the first quarter of 2014, while adjusted income from ongoing operations per diluted share raised 53.6% to $0.43 from $0.28. The adjusted results exclude transaction-related expenses of $18.4 million and $1.6 million for the first quarter of 2015 and 2014, respectively, and exclude a slight gain on foreign currency derivatives for the first quarter of 2015. Weighted average shares outstanding raised 24.6% for the first quarter of 2015 from the first quarter of 2014, primarily due to the issuance of common stock in June 2014 and February 2015 related to acquisitions. A reconciliation of all GAAP and non-GAAP financial results in this release is on pages 7 and 8.

Acadia Healthcare Company, Inc. develops and operates inpatient psychiatric facilities, residential treatment centers, group homes, and substance abuse facilities providing outpatient behavioral healthcare services to serve the behavioral health and recovery needs of communities in the United States, the United Kingdom, and Puerto Rico.

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