DaVita Q1 2020 Earnings Report
Key Takeaways
DaVita Inc. reported consolidated revenues of $2.841 billion, operating income of $465 million, and diluted earnings per share of $1.81 for the first quarter of 2020. The company also repurchased 4,052,298 shares of its common stock at an average cost of $74.81 per share.
Consolidated revenues reached $2.841 billion.
Operating income was $465 million, representing a 16.4% operating margin.
Diluted earnings per share from continuing operations stood at $1.81, with adjusted diluted earnings per share at $1.83.
Operating cash flow from continuing operations was $360 million, and free cash flow from continuing operations was $184 million.
DaVita
DaVita
DaVita Revenue by Segment
DaVita Revenue by Geographic Location
Forward Guidance
The company provided forward-looking measures that involve significant risks and uncertainties, particularly due to the widespread impact of the COVID-19 pandemic. Revenue is expected to be between $11.5 billion and $11.7 billion, and free cash flow from continuing operations is projected to be between $600 million and $800 million for 2020.
Revenue & Expenses
Visualization of income flow from segment revenue to net income