“DaVita Soars 5% as Dialysis Provider Thrives in Flourishing Macro Environment!”

Shares of DaVita Inc., a provider of kidney dialysis services, rose nearly 5% after the company reported first-quarter adjusted earnings above Wall Street forecasts. The firm said it benefited from “an improving macro environment” as it revealed revenues rose slightly to $2.87bn, up from $2.82bn a year before. The market had expected sales of $2.84bn. Meanwhile, adjusted earnings were $1.58 per share, much higher than the year before, which came in at $1.25 per share.