Earnings Reports Cause Volatility For These Stocks

Competitors to Watch: Assisted Living Concepts, Inc. (NYSE:ALC), Sunrise Senior Living, Inc. (NYSE:SRZ), Marseille-Kliniken AG (MKA), Viculus Limited (VCL), Capital Senior Living Corp. (NYSE:CSU), Emeritus Corporation (NYSE:ESC), Five Star Quality Care, Inc. (AMEX:FVE), and Granville Pacific Capital Corp. (NYSE:GE).

Davita Inc. (NYSE:DVA) reported net income above Wall Street’s expectations for the fourth quarter. Net income for Davita Inc. rose to $148.1 million ($1.56 per share) vs. $69 million (70 cents per share) in the same quarter a year earlier. This is a more than twofold rise from the year earlier quarter. Revenue rose 12.9% to $1.86 billion from the year earlier quarter. Davita Inc. reported adjusted net income of $1.58 per share. By that measure, the company beat the mean estimate of $1.48 per share. Analysts were expecting revenue of $1.85 billion.

Competitors to Watch: Fresenius Medical Care AG & Co. (NYSE:FMS), National Quality Care, Inc. (NQCI), Hanger Orthopedic Group, Inc. (NYSE:HGR), Continucare Corporation (NYSE:CNU), Universal Health Services, Inc. (NYSE:UHS), NovaMed, Inc. (NASDAQ:NOVA), MedCath Corporation (NASDAQ:MDTH), Dynacq Healthcare, Inc. (NASDAQ:DYII), and U.S. Physical Therapy, Inc. (NASDAQ:USPH).

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com