DaVita: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
DaVita (NYSE:DVA) reported its Q3 earnings results, beating estimated earnings by 41.09% with an EPS of $2.85 versus an estimate of $2.02. Revenue was up $172.00 million from the same period last year. Last quarter, the company beat on EPS by $0.42, which was followed by a 7.14% increase in the share price the next day.
November 07, 2023 | 9:30 pm
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DaVita's Q3 earnings beat estimates significantly, which could lead to a positive reaction in the stock price, similar to the 7.14% increase observed last quarter after an EPS beat.
DaVita's significant earnings beat is likely to be viewed positively by the market. Historically, the company's stock price has reacted positively to earnings beats, as seen last quarter with a 7.14% increase in the share price following an EPS beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100