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Earnings ·

Reports Q3 adjusted EPS of $3.82 on $3.578B revenue, includes $62M China impairment

DVADavita Inc.

DaVita Inc. reported third-quarter results with consolidated revenues of $3.578 billion and diluted earnings per share of $3.40. Adjusted diluted EPS came in at $3.82, while adjusted operating income was $561 million. The quarter included a $62 million non-cash goodwill impairment charge related to its China business. Operating cash flow totaled $519 million and free cash flow was $276 million. The company also repurchased 0.6 million shares for $111 million during the period. DaVita operates in the healthcare industry, providing outpatient dialysis services and integrated kidney care.

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