Community Psychiatric Expects to Report Profits
Community Psychiatric Centers expects to report second-quarter profits of about $16.7 million, or 55 cents per share, Chairman Robert L. Green told shareholders at the Santa Ana-based company’s annual meeting. Last year, the company earned $14.4 million in the second quarter.
Green also told shareholders that he is “comfortable” with analysts’ projections that the company will post profits of $2.10 a share in the fiscal year ending Nov. 30, a total of about $63.6 million. In its fiscal 1986, the company earned $51.3 million.
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