Looking Into DaVita's Return On Invested Capital
Portfolio Pulse from Benzinga Insights
DaVita (NYSE:DVA) reported a 34.79% increase in Q1 earnings to $170.67 million, while sales decreased by 1.51% to $2.87 billion. The company posted a return on invested capital (ROIC) of 3.21%, indicating effective capital allocation. Q1 earnings per share were $1.58, beating analyst predictions of $1.14.
May 22, 2023 | 2:53 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
DaVita's Q1 earnings increased by 34.79% and posted a 3.21% ROIC, indicating effective capital allocation. The company beat analyst predictions with an EPS of $1.58.
DaVita's Q1 earnings increased by 34.79%, indicating strong performance. The company's ROIC of 3.21% suggests effective capital allocation, which is a positive sign for future growth. Additionally, the company beat analyst predictions with an EPS of $1.58, which could lead to increased investor confidence and a potential short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100