DaVita Q1 2024 Adj EPS $2.38 Beats $1.95 Estimate, Sales $3.071B Beat $3.028B Estimate
Portfolio Pulse from Benzinga Newsdesk
DaVita (NYSE:DVA) reported Q1 2024 adjusted EPS of $2.38, surpassing the $1.95 estimate, and sales of $3.071B, exceeding the $3.028B estimate. This represents a 50.63% increase in earnings and a 6.89% increase in sales from the same period last year.
May 02, 2024 | 8:07 pm
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DaVita's Q1 2024 earnings and sales exceeded analyst expectations, with a notable increase from the previous year.
Beating both earnings and sales estimates significantly, especially with a substantial year-over-year growth, is likely to instill investor confidence and could lead to a positive short-term price movement for DVA stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100