DaVita, Inc. First Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component DaVita, Inc. (NYSE:DVA) will unveil its latest earnings on Tuesday, May 1, 2012. DaVita operates kidney dialysis centers and provides related lab and ancillary services across the United States.

DaVita, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for profit of $1.45 per share, a rise of 51% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from $1.46. Between one and three months ago, the average estimate moved down. It has been unchanged at $1.45 during the last month. For the year, analysts are projecting net income of $6.23 per share, a rise of 21.2% from last year.

Past Earnings Performance: The company topped estimates last quarter after missing forecasts the quarter prior. In the fourth quarter of the last fiscal year, it reported profit of $1.58 per share against a mean estimate of net income of $1.48 per share. In the third quarter of the last fiscal year, it missed forecasts by one cent.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 14.9% in revenue from the year-earlier quarter to $1.85 billion.

Analyst Ratings: Analysts are high on the stock, with 10 analysts rating it as a buy, none rating it as a sell and one rating it as a hold.

A Look Back: In the fourth quarter of the last fiscal year, profit rose more than twofold to $148.1 million ($1.56 a share) from $69 million (72 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 12.9% to $1.86 billion from $1.65 billion.

Key Stats:

On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 3% in the first quarter of the last fiscal year, 7.9% in the second quarter of the last fiscal year and 9.5% in the third quarter of the last fiscal year before increasing again in the fourth quarter of the last fiscal year of the last fiscal year.

There has enjoyed solid performance recently heading into this earnings announcement with profit rising by a year-over-year average of 26.8% for the last four quarters.

Stock Price Performance: Between January 30, 2012 and April 25, 2012, the stock price rose $6.52 (8%), from $81.40 to $87.92. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011, when shares rose for nine straight days, increasing 6.4% (+$5.40) over that span. It saw one of its worst periods between August 15, 2011 and August 22, 2011 when shares fell for six straight days, dropping 7.2% (-$5.37) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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