DaVita stock up nearly 5% after dialysis services company sees ‘improving macro environment’

DaVita Inc. DVA shares rose nearly 5% in the extended session Monday after the provider of kidney dialysis services reported first-quarter adjusted earnings above Wall Street expectations, saying it benefited from “an improving macro environment.” DaVita earned $116 million, or $1.25 a share, in the quarter, compared with $162 million, or $1.61 a share, in the year-ago period. Adjusted for one-time items, the company earned $1.58 a share. Revenue rose slightly to $2.87 billion, from $2.

DVA shares rose nearly 5% in the extended session Monday after the provider of kidney dialysis services reported first-quarter adjusted earnings above Wall Street expectations, saying it benefited from “an improving macro environment.” DaVita earned $116 million, or $1.25 a share, in the quarter, compared with $162 million, or $1.61 a share, in the year-ago period. Adjusted for one-time items, the company earned $1.58 a share. Revenue rose slightly to $2.87 billion, from $2.

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