By Elias Schisgall
Shares of DaVita were higher after the company's fourth-quarter earnings came in above Wall Street expectations.
Shares were up 12% at $124.06 in pre-market trading Tuesday. The stock closed Monday at $111.19, down 37% over the past year.
The kidney care provider on Monday posted a profit of $234.2 million, or $3.29 a share, compared with $259.3 million, or $3.09 a share, a year earlier.
Stripping out certain one-time items, the company logged adjusted earnings of $3.40 a share. Analysts polled by FactSet were expecting $3.24 a share.
Revenue rose to $3.62 billion, up from $3.29 billion a year earlier. Analysts were expecting $3.51 billion.
For the full year, DaVita said it expects adjusted earnings of between $13.60 and $15.00 a share. Analysts polled by FactSet were expecting $12.82 prior to the earnings release.
The company is also projecting adjusted operating income between $2.09 billion and $2.24 billion and free cash flow between $1 billion and $1.25 billion.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
February 03, 2026 08:09 ET (13:09 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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