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Jun 30, 2024
DaVita Q2 2024 Earnings Report
DaVita reported a positive quarter, enhancing clinical capabilities and optimizing revenue operations and cost structure.
Key Takeaways
DaVita Inc. announced financial results for Q2 2024, with consolidated revenues of $3.187 billion and operating income of $506 million. Diluted earnings per share were $2.50, and adjusted diluted earnings per share were $2.59. The company repurchased 2.7 million shares of its common stock at an average price of $140.14 per share.
Consolidated revenues reached $3.187 billion.
Operating income totaled $506 million.
Diluted earnings per share (EPS) stood at $2.50, with adjusted diluted EPS at $2.59.
Operating cash flow was $799 million, and free cash flow was $654 million.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
DaVita provided adjusted operating income guidance between $1.910 billion and $2.010 billion, adjusted diluted net income per share attributable to DaVita Inc. between $9.25 and $10.05, and free cash flow between $950 million and $1.200 billion.
Positive Outlook
- Adjusted operating income is expected to be between $1.910 billion and $2.010 billion.
- Adjusted diluted net income per share attributable to DaVita Inc. is projected to be between $9.25 and $10.05.
- Free cash flow is anticipated to range from $950 million to $1.200 billion.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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