02.05.2024 22:11:24 - dpa-AFX: DaVita Inc. Q1 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - DaVita Inc. (DVA) revealed earnings for its first
quarter that increased from the same period last year and beat the Street
estimates.

The company's bottom line totaled $239.65 million, or $2.65 per share. This
compares with $115.55 million, or $1.25 per share, in last year's first quarter.

Excluding items, DaVita Inc. reported adjusted earnings of $215 million or $2.38
per share for the period.

Analysts on average had expected the company to earn $1.95 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 7.0% to $3.07 billion from $2.87
billion last year.

DaVita Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $239.65 Mln. vs. $115.55 Mln. last year.
-EPS (Q1): $2.65 vs. $1.25 last year.
-Revenue (Q1): $3.07 Bln vs. $2.87 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
DAVITA INC. DL -,001 897914 Frankfurt 134,000 30.05.24 08:20:02 +1,500 +1,13% 133,700 135,000 134,000 132,500

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