DaVita Jumps After Dialysis-Clinic Operator Boosts 2019 Forecast
Signage is displayed outside a DaVita Dialysis facility in Houston, Texas.
Photographer: TRIPPLAAR KRISTOFFER/SIPA/SIPPL Sipa USAThis article is for subscribers only.
DaVita Inc. shares surged as much as 6.9% after the operator of kidney dialysis clinics boosted its 2019 profit outlook.
In an announcement Monday ahead of its second-quarter earnings report on Aug. 1, DaVita said full-year adjusted operating income would be $1.64 billion to $1.70 billion, up from a previous forecast of $1.54 billion to $1.64 billion.