DaVita HealthCare Partners Inc (DVA) reported quarterly earnings results on Monday, Aug-8-2016. The company said it had a profit of $1.01 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.03. Analysts had a consensus of $0.98. The company posted revenue of $3718.00 million in the period, compared to analysts expectations of $3658.91 million. The company’s revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.95 EPS.
DaVita HealthCare Partners Inc opened for trading at $76.25 and hit $76.97 on the upside on Friday, eventually ending the session at $76.96, with a gain of 1.38% or 1.05 points. The heightened volatility saw the trading volume jump to 8,69,666 shares. Company has a market cap of $15,892 M.
In a different news, on Jul 13, 2016, Jeanine Marie Jiganti (Chief Compliance Officer) sold 1,291 shares at $78.51 per share price. According to the SEC, on May 26, 2016, Pamela M Arway (director) sold 10,824 shares at $77.16 per share price. On May 24, 2016, James K Hilger (Interim CFO and CAO) sold 3,416 shares at $76.79 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.