DaVita Q1 2022 EPS $1.61, down 10% from prior quarter; revenue $2.818B

DAVITA INC.

2022-Q1 EPS reported $1.61 revenue$2,817,555,000

Diluted EPS of $1.61 vs $1.79 in Q4 2021 and $2.09 in Q1 2021; adjusted EPS $1.61.
Consolidated revenue of $2.818 billion for the quarter.
Operating income of $338 million; operating cash flow $322 million, free cash flow $147 million.
Repurchased 2.1 million shares at avg cost $110.90 per share.
COVID-19 Omicron variant caused higher patient mortality and missed treatments, plus wage inflation.

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