DaVita Q3 Profit Rises; Lifts FY09 Operating Income Outlook - Quick Facts 2

DaVita, Inc. (DVA) reported net income attributable to the company for the third quarter of $110.9 million or $1.06 per share, compared to $93.9 million or $0.89 per share in the year-ago quarter.

Revenues for the quarter increased to $1.57 billion from $1.45 billion in the prior-year quarter.

On average, analysts polled by Thomson Reuters expected the company to earn $0.99 per share, on revenues of $1.53 billion for the quarter. Analysts estimates typically exclude special items.

Looking ahead, the company the company raised its fiscal 2009 income guidance range to $930 million - $950 million from its previous range of $900 million -$ 930 million.

Further, currently the company expect its operating income for 2010 to be in the range of $950 million to $1.02 billion.

by RTTNews Staff Writer

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