Why DaVita Stock Popped Today
DaVita(DVA) The Motley Fool·2024-02-15 00:08Shares of DaVita (DVA 8.64%) climbed 8.6% on Wednesday after the dialysis services company announced strong fourth-quarter 2023 results.DaVita proves its resilienceDaVita's quarterly revenue grew 7.8% year over year to $3.15 billion, translating to adjusted (non-GAAP) earnings of $173 million, or $1.87 per share. Analysts, on average, were only expecting earnings of $1.66 per share on revenue of $3.01 billion. DaVita also generated healthy free cash flow of $258 million during the quarter, bringing its trai ...