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)…

Revenue increased 26.23% from $1.96 billion in the previous quarter. EPS increased 7.69% from $1.56 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.74 to a profit $1.78. For the current year, the average estimate has moved up from a profit of $6.08 to a profit of $6.16 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)