DaVita Inc reports results for the quarter ended in January 1 - Earnings Summary

Davita

30/10/2024 04:10

* DaVita Inc  DVA.N  reported quarterly adjusted earnings of
$2.50​​ per share for the quarter ended January 1, lower than
the same quarter last year, when the company reported EPS of
$2.62.  The mean expectation of seven analysts for the quarter
was for earnings of $2.73 per share. Wall Street expected
results to range from $2.61  to $2.85 per share.
    * Revenue rose 4.6% to $3.26 billion from a year ago;
analysts
expected $3.25 billion. 
    * DaVita Inc's reported EPS for the quarter was $2.50​.
    * The company reported quarterly net income of $214.69
million.
    * DaVita Inc shares had fallen by 4.2% this quarter and
gained 49.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 4.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "hold"

Wall Street's median 12-month price target for DaVita Inc is
$150.00 
This summary was machine generated from LSEG data October 30 at
04:09 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      2.73           2.50           Missed
 Jun. 30 2024      2.54           2.50           Missed
 Mar. 31 2024      1.95           2.26           Beat
 Dec. 31 2023      1.59           1.62           Beat