First Eagle Fund of America Comments on DaVita

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Apr 29, 2020

DaVita (DVA, Financial), which operates kidney dialysis centers with a focus on the US, reported better-than-expected fourth quarter 2019 earnings and gave solid guidance for 2020 while continuing to repurchase its own shares.

From First Eagle Investment (Trades, Portfolio)'s Fund of America first-quarter 2020 shareholder commentary.