Earnings Preview For DaVita

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

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Posted In: EarningsNewsEarnings Previews
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