DaVita Earnings Preview
Portfolio Pulse from Benzinga Insights
DaVita (NYSE:DVA) is scheduled to release its quarterly earnings report on February 13, 2024, with analysts expecting an EPS of $1.59. The company's historical performance shows a pattern of beating EPS estimates, leading to positive stock price movements. Last quarter, DaVita exceeded the EPS estimate by $0.83, resulting in a 5.89% share price increase the following day. Over the past year, DaVita's shares have risen by 33.22%, indicating a bullish outlook among long-term shareholders.
February 12, 2024 | 3:01 pm
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POSITIVE IMPACT
DaVita is expected to report an EPS of $1.59 for the upcoming quarter. Historical data shows positive stock movement following earnings beats. Shares have increased by 33.22% over the last year, indicating a strong bullish sentiment.
DaVita's history of exceeding EPS estimates and the subsequent positive stock price reactions suggest a likely continuation of this trend. The company's strong performance over the last year further supports a bullish outlook for the short term, especially if the upcoming earnings report meets or exceeds expectations.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100