DaVita Q2 EPS $2.08 Beats $1.66 Estimate, Sales $3.00B Beat $2.94B Estimate
Portfolio Pulse from Benzinga Newsdesk
DaVita (NYSE:DVA) reported Q2 earnings of $2.08 per share, beating the analyst consensus estimate of $1.66 by 25.3%. However, this is a 9.57% decrease from the same period last year. The company also reported quarterly sales of $3.00 billion, beating the analyst consensus estimate of $2.94 billion by 2.04%, a 2.49% increase from the same period last year.
August 04, 2023 | 2:33 pm
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DaVita's Q2 earnings and sales beat analyst estimates, but earnings are down from the same period last year.
DaVita's earnings beat analyst estimates, which is generally a positive signal for the stock. However, the decrease in earnings from the same period last year could be a concern for some investors. The increase in sales is also a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100