Movement Alert｜DaVita HealthCare Partners Falls 8.78% in After-Hours Trading, Q3 Results Beat Estimates but Shares Moved Lower

Market Focus10-30

On October 30, DaVita HealthCare Partners fell 8.78% in After-Hours Trading, trading at $175.66/share, with turnover of $6.0229 million.

The move followed the company’s latest quarterly report, making this an earnings-driven reaction. DaVita HealthCare Partners reported adjusted EPS of $3.82 for the quarter, above the $3.61 consensus estimate, while revenue of $3.578 billion also exceeded the $3.508 billion market expectation.

The reported EPS was up 52.19% from $2.51 a year earlier, while revenue modestly outperformed expectations after investors had been looking for resilient earnings and limited top-line growth. Earlier market expectations had centered on revenue of about $3.508 billion and adjusted EPS of $3.61, with attention also on margins and the payment environment.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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