earnings
confidence high
sentiment positive
materiality 0.75
DaVita Q3 2024: revenue $3.264B, op income $535M, EPS $2.50, adj EPS $2.59
DAVITA INC.
2024-Q3 EPS reported
$7.66
revenue$9,520,867,000
- Consolidated revenue $3.264B; operating income $535M; net income $215M ($2.50 diluted EPS).
- Adjusted diluted EPS $2.59; nine-month net income $677M vs $541M YoY.
- Incurred $1.1B Term Loan A-1 and issued $1.0B 6.875% senior notes; repaid ~$950M Term Loan B-1 and revolver.
- Repurchased 2.7M shares at avg $147.20 per share during Q3.
- Operating cash flow $810M; free cash flow $555M.