earnings
confidence high
sentiment positive
materiality 0.70
DaVita reports Q2 2023 revenue of $3.0B; diluted EPS $1.91, adjusted EPS $2.08
DAVITA INC.
2023-Q2 EPS reported
$3.17
revenue$5,873,068,000
- Consolidated revenue $3.0B; operating income $405M; adjusted operating income $432M.
- Diluted GAAP EPS $1.91; adjusted diluted EPS $2.08; free cash flow $260M.
- Refinanced existing term loan and revolver with new $1.25B Term Loan A-1 and $1.5B revolver.
- Six-month net income $294M vs $387M in prior year, a 24% decline.
- CEO highlights strong clinical innovation and operational improvements; reaffirms full-year outlook.