On Monday, February 10, DaVita DVA will release its latest earnings report. Check out Benzinga's preview to understand the implications.
Earnings and Revenue
Analysts covering DaVita modeled for quarterly EPS of $1.66 on revenue of $2.92 billion.
DaVita reported a profit of 90 cents when it published results during the same quarter last year. Sales in that period totaled $2.82 billion. If the company were to report inline earnings when it publishes results Monday, earnings would be up 84.44%. Revenue would be up 3.51% from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
EPS Estimate | 1.230 | 1.09 | 0.930 | 0.9 |
EPS Actual | 1.530 | 1.220 | 0.910 | 0.9 |
Stock Performance
Over the last 52-week period, shares are up 47.94%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating by analysts on DaVita stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. DaVita is scheduled to hold the call at 5:00 p.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/rx8uejd2
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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