Plus   Neg

DaVita HealthCare Partners Inc. Q1 adjusted earnings Beat Estimates

DaVita HealthCare Partners Inc. (DVA) revealed earnings for its first quarter that advanced from the same period last year.

The company's profit came in at $240 million, or $1.89 per share. This compares with $149 million, or $0.90 per share, in last year's first quarter.

Excluding items, DaVita HealthCare Partners Inc. reported adjusted earnings of $232 million or $1.83 per share for the period.

Analysts had expected the company to earn $1.47 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.6% to $2.84 billion from $2.74 billion last year.

DaVita HealthCare Partners Inc. earnings at a glance:

-Earnings (Q1): $232 Mln. vs. $152 Mln. last year.
-EPS (Q1): $1.83 vs. $0.91 last year.
-Analysts Estimate: $1.47
-Revenue (Q1): $2.84 Bln vs. $2.74 Bln last year.

Full year EPS guidance: $5.75 - $6.25
Full year revenue guidance: $11.50 - $11.70 Bln

For comments and feedback contact: editorial@rttnews.com

Follow RTT