(RTTNews) – DaVita Inc. (DVA) reported third-quarter earnings that were above last year and beat Street estimates.
Operating income was $246.63 million, or $2.62 per share. This compares with $105.37 million, or $1.13 per share, in the third quarter of last year.
Posting exclusively, DaVita Inc. reported. an adjusted profit of $268 million or $2.85 per share for the period.
Analysts on average expected the company to earn $2.02 per share, according to figures from Thomson Reuters. Analyst estimates generally exclude exceptional items.
The company’s revenue for the quarter rose 5.8% to $3.12 billion, compared to $2.95 billion last year.
DaVita Inc. profit at a glance (GAAP):
-Earnings (Q3): $246.63 million. vs. $105.37 million. last year. -EPS (Q3): $2.62 vs. $1.13 last year. – Analyst estimate: $2.02 – Revenue (Q3): $3.12 billion vs. $2.95 billion last year.
-Accompaniment: Full year EPS guidance: $7.80 – $8.30
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