Psychiatric Hospital Firm Expects to Post Profit Gain

Community Psychiatric Centers said it expects to report a 16% to 18% increase in net earnings for its fiscal 1987 first quarter ended Feb 28.

The Santa Ana operator of psychiatric hospitals and kidney dialysis centers said net earnings for the three-month period are expected to total between $14.8 million and $15.1 million. The company reported $12.8 million in net earnings a year earlier.