DENVER (AP) _ DaVita HealthCare Partners Inc. (DVA) on Thursday reported first-quarter earnings of $237.4 million.
On a per-share basis, the Denver-based company said it had net income of $2.09.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.80 per share.
The kidney dialysis provider posted revenue of $2.82 billion in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $2.83 billion.
DaVita HealthCare expects full-year earnings in the range of $8.20 to $9 per share.
DaVita HealthCare shares have dropped 2.5% since the beginning of the year, while the S&P's 500 index has risen 12%. In the final minutes of trading on Thursday, shares hit $114.47, a rise of 40% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DVA at https://www.zacks.com/ap/DVA
