DaVita (DVA) Misses Q3 EPS by 30c; Lowers Outlook

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Go back to DaVita (DVA) Misses Q3 EPS by 30c; Lowers Outlook

DaVita (DVA) Stock Plunges On Earnings Miss, Lowered Guidance

October 28, 2022 12:48 PM EDT

DaVita (NYSE: DVA) shares plummeted over 27% Friday after the company reported earnings before the open missing profit, revenue and guidance estimates.

DaVita reported third-quarter earnings of $1.45 per share, $0.30 worse than the analyst estimate of $1.75, with revenue for the quarter coming in at $2.95 billion versus the consensus estimate of $2.98 billion.

The company described Q3 as... More