DaVita Raises FY24 EPS Guidance From $9.00-$9.80 To $9.25-$10.05 Vs $9.32 Est.
Portfolio Pulse from Benzinga Newsdesk
DaVita has raised its FY24 EPS guidance from $9.00-$9.80 to $9.25-$10.05, surpassing the $9.32 estimate. The updated guidance includes $60 million in center closure costs, which were previously excluded.
August 06, 2024 | 8:15 pm
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DaVita has increased its FY24 EPS guidance to $9.25-$10.05, higher than the previous $9.00-$9.80 range and the $9.32 estimate. The updated guidance now includes $60 million in center closure costs.
The increase in EPS guidance indicates stronger-than-expected financial performance, which is likely to positively impact DaVita's stock price in the short term. The inclusion of center closure costs in the guidance provides a more comprehensive financial outlook.
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