DaVita HealthCare Partners Inc (DVA) Releases Earnings Results, Beats Expectations By $0.05 EPS

DaVita HealthCare Partners Inc (DVA) reported quarterly earnings results on Wednesday, May-4-2016. The company said it had a profit of $0.92 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.05. Analysts had a consensus of $0.87. The company posted revenue of $3581.00 million in the period, compared to analysts expectations of $3495.91 million. The company’s revenue was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.86 EPS.

Many Wall Street Analysts have commented on DaVita HealthCare Partners Inc. Shares were Reiterated by RBC Capital Mkts on Feb 16, 2016 to “Sector Perform” and Lowered the Price Target to $ 71 from a previous price target of $80 .

DaVita HealthCare Partners Inc closed down -0.26 points or -0.35% at $73.64 with 15,50,486 shares getting traded on Monday. Post opening the session at $74.34, the shares hit an intraday low of $73.03 and an intraday high of $74.53 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on Apr 12, 2016, Javier Rodriguez (CEO-Kidney Care) sold 89,912 shares at $73.51 per share price. According to the SEC, on Mar 23, 2016, Dennis Kogod (Pres, HCP & CEO, DVA Int.) sold 13,455 shares at $72.12 per share price. On Mar 1, 2016, Pamela M Arway (director) sold 9,026 shares at $66.00 per share price, according to the Form-4 filing with the securities and exchange commission.

DaVita HealthCare Partners Inc. consists of two divisions Kidney Care and HealthCare Partners (HCP). Kidney Care is a provider of dialysis services in the United States treating patients with chronic kidney failure and end stage renal disease (ESRD). Kidney Care division develops innovative clinical care offers integrated treatment plans personalized care teams and health-management services. As of December 31 2014 we provided dialysis and administrative services in the U.S. through a network of 2179 outpatient dialysis centers in 46 states and the District of Columbia serving a total of approximately 173000 patients. HealthCare Partners division is a patient- and physician-focused integrated health care delivery and management company. HealthCare Partners manages and operates medical groups and affiliated physician networks in Arizona California Nevada Florida and New Mexico. As of December 2014 HealthCare Partners had approximately 837000 members under its care.

DaVita HealthCare Partners Inc

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