DaVita Q1 Adjusted Earnings, Revenue Rise; 2024 EPS Guidance Range Narrows; Shares Gain After Hours-January 2024-www.financetom.com

DaVita Q1 Adjusted Earnings, Revenue Rise; 2024 EPS Guidance Range Narrows; Shares Gain After Hours

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DaVita Q1 Adjusted Earnings, Revenue Rise; 2024 EPS Guidance Range Narrows; Shares Gain After Hours

May 2, 2024 2:32 PM

05:07 PM EDT, 05/02/2024 (MT Newswires) -- DaVita ( DVA ) reported Q1 adjusted earnings Thursday of $2.38 per diluted share, up from $1.58 a year earlier.

Analysts polled by Capital IQ expected $1.92.

Revenue in the quarter ended March 31 rose to $3.07 billion from $2.87 billion a year earlier.

Four analysts surveyed by Capital IQ expected $3.02 billion.

The company narrowed its 2024 adjusted diluted EPS guidance to $9 to $9.80 from $8.70 to $9.80.

Analysts polled by Capital IQ expect normalized EPS of $9.24.

Shares of the company rose 3.7% in recent after-hours activity.

Price: 147.49, Change: +5.25, Percent Change: +3.69

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