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DaVita HealthCare: 3Q Earnings Snapshot

DaVita HealthCare: 3Q Earnings Snapshot

DENVER (AP) _ DaVita HealthCare Partners Inc. (DVA) on Wednesday reported a loss of $136.8 million in its third quarter.

On a per-share basis, the Denver-based company said it had a loss of 82 cents. Earnings, adjusted to account for discontinued operations and non-recurring costs, came to 56 cents per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 89 cents per share.

The kidney dialysis provider posted revenue of $2.85 billion in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $2.92 billion.

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DaVita HealthCare shares have climbed nearly 6 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 5 percent. In the final minutes of trading on Wednesday, shares hit $76.36, a rise of 30 percent 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