DaVita hits record high after raising annual profit forecast

Davita

06/05/2026 16:31

Updates

** Shares of dialysis services provider DaVita DVA.N jump as much as 21% to record high $190.15

** Co, on Tuesday, raised its forecast for annual adjusted profit

** Expects 2026 adjusted EPS to be between $14.10 and $15.20, compared with previous projection of $13.60 to $15 per share

     ** Q1 profit of $2.87 per share beats ​analysts' average ⁠estimate of $2.32 per share - LSEG-compiled data

** Quarterly ​revenue of $3.42 billion beat estimates of $3.36 billion

** This was a solid quarter of execution with encouraging signs of improving treatment growth - Barclays

** Stock up ~66% YTD

(Reporting by Sriparna Roy in Bengaluru)

((Sriparna.Roy@thomsonreuters.com;))