DaVita DVA announces its next round of earnings this Thursday, August 1. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
Analysts expect DaVita earnings of $1.09 per share. Revenue will likely be around $2.86 billion, according to the consensus estimate.
DaVita EPS in the same period a year ago totaled $1.05. Sales were $2.89 billion. The analyst consensus estimate would represent a 3.81% increase in the company's EPS figure. Revenue would be down 0.94% from the year-ago period. Here's how the company's EPS has stacked up against analyst estimates in the past:
Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
EPS Estimate | 0.930 | 0.9 | 0.87 | 0.97 |
EPS Actual | 0.910 | 0.9 | 0.56 | 1.05 |
Stock Performance
Shares of DaVita were trading at $60.1 as of July 30. Over the last 52-week period, shares are down 13.91%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on DaVita stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.
Conference Call
DaVita is scheduled to hold a conference call at 5:00 p.m. ET and it can be accessed here: https://edge.media-server.com/mmc/p/v66ivrz8
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.