DaVita Q2 Adj $2.59 Beats $2.54 Estimate, Sales $3.19B Beat $3.15B Estimate
Portfolio Pulse from Benzinga Newsdesk
DaVita (NYSE:DVA) reported Q2 earnings of $2.59 per share, beating the analyst estimate of $2.54. Sales were $3.19 billion, surpassing the $3.15 billion estimate. This represents a 24.52% increase in earnings and a 6.22% increase in sales compared to the same period last year.
August 06, 2024 | 8:06 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
DaVita reported strong Q2 earnings and sales, both beating analyst estimates. Earnings per share increased by 24.52% year-over-year, and sales grew by 6.22%.
The strong earnings and sales performance, both exceeding analyst expectations, are likely to positively impact DaVita's stock price in the short term. The significant year-over-year growth in both earnings and sales further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100