DaVita Inc. Reports Fall In Q2 Income, but beats estimates

DaVita Inc. (DVA) reported earnings for second quarter that decreased from last year but beat the Street estimates.

The company's earnings totaled $224.8 million, or $2.30 per share. This compares with $293.8 million, or $2.64 per share, in last year's second quarter.

Analysts on average had expected the company to earn $2.09 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.3% to $2.93 billion from $2.92 billion last year.

DaVita Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $224.8 Mln. vs. $293.8 Mln. last year.
-EPS (Q2): $2.30 vs. $2.64 last year.
-Analyst Estimates: $2.09
-Revenue (Q2): $2.93 Bln vs. $2.92 Bln last year.

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