DaVita Raises FY23 Adj. EPS Guidance From $7.00-$7.80 To $7.80-$8.30 vs $7.21 Est.; Raises Adj. Operating Income Guidance From $1.565B-$1.675B To $1.65B-$1.725B
Portfolio Pulse from Benzinga Newsdesk
DaVita has increased its FY23 adjusted EPS guidance from $7.00-$7.80 to $7.80-$8.30, surpassing the estimated $7.21. The company also raised its adjusted operating income guidance from $1.565B-$1.675B to $1.65B-$1.725B.

November 07, 2023 | 9:27 pm
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POSITIVE IMPACT
DaVita's raised FY23 EPS and operating income guidance may lead to increased investor confidence and potential stock price rise in the short term.
DaVita's raised guidance indicates better than expected performance, which is likely to be viewed positively by investors. This could lead to increased demand for the stock, potentially driving the price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100