Market Overview

DaVita Reports Q4 Earnings Beat, Raises Guidance

Share:
DaVita Reports Q4 Earnings Beat, Raises Guidance

DaVita (NYSE: DVA) reported quarterly earnings of $1.86 per share on Monday, which beat the analyst consensus estimate of $1.66. This is a 106% increase over earnings of 90 cents per share from the same period last year.

The company reported quarterly sales of $2.9 billion, which missed the analyst consensus estimate of $2.92 billion. This is a 2.8% increase over sales of $2.821 billion the same period last year.

DaVita raised 2020 adjusted earnings guidance from $5.25-$5.75 to $5.75-$6.25 per share, and sees sales of $11.5-$11.7 billion versus an $11.56 billion estimate.

DaVita shares were trading up 2.6% in Monday's after-hours session after closing higher at $82.75 per share. The stock has a 52-week high of $85.59 and a 52-week low of $43.40.

Related Links:

Goldman Sachs Upgrades Davita, Poised To Profit From Medicare Expansion

Davita Trades Higher After Raising Guidance

Photo credit: Michael Rivera, via Wikimedia Commons

Posted-In: Earnings News Guidance After-Hours Center Best of Benzinga

 

Related Articles (DVA)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com