DaVita Earnings: Everything You Must Know Now
DaVita, Inc. (NYSE:DVA) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
DaVita, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 7.69% to $1.68 in the quarter versus EPS of $1.57 in the year-earlier quarter.
Revenue: Rose 33.05% to $2.48 billion from the year-earlier quarter.
Actual vs. Wall St. Expectations: DaVita, Inc. reported adjusted EPS income of $1.68 per share. By that measure, the company beat the mean analyst estimate of $1.6. It beat the average revenue estimate of $2.4 billion.
Quoting Management: “The most challenging issue we are dealing with at this point is transportation,” said Tom Bradsell, DaVita emergency response team manager. “Dialysis patients face complex obstacles when they are unable to receive treatment. DaVita’s top priority is patient safety and we are working with state and federal regulatory agencies to get the necessary help for patients.”
Key Stats (on next page)…