Earnings Preview : Q3 2024 Is Gearing Up To Be A Decisive Quarter For DaVita ($DVA)

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The third quarter financial results of DaVita (NYSE: DVA) will be revealed on Tuesday 29th October 2024. The big news will come out after market close, so investors can learn more about how the company is doing financially.

Financial analysts on Wall Street are predicting that the establishment is about to reveal an estimated $2.73 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $3.25 billion for this period.

The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $12.75 billion. Further, they expect the earnings per share to achieve profit of $9.79 for the fiscal year.

When looking back at the corresponding quarter from the previous year, the company's earnings report showcased a per-share income of $2.85. This was attributed to the company's total revenue, which amounted to an impressive $3.12 billion during that same period.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $2.59 +24.5% 3.19 B +6.2%
Q1 2024 $2.38 +50.6% 3.07 B +6.9%
Q4 2023 $1.87 +68.5% 3.15 B +7.9%
Q3 2023 $2.85 +96.6% 3.12 B +5.8%
Q2 2023 $2.08 -9.6% 3.00 B +2.5%
*Growth on year-over-year basis

 

The business has scheduled a conference call on 29th October 2024 at 05:00 PM eastern time to discuss Q3 financial results.

During Friday's trading, DaVita (DVA) shares reached a low of $156.56 and a high of $160.82, along with a total volume of 854.30 thousand shares. The stock ended the regular trading session at $156.99, indicating downfall of 2.72 percent.