DENTSPLY International Inc. Third Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component DENTSPLY International, Inc. (NASDAQ:XRAY) will unveil its latest earnings on Thursday, October 27, 2011. DENTSPLY International manufactures and distributes dental equipment and products, including artificial teeth and dental consumable products.

DENTSPLY International, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 43 cents per share, a decline of 4.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 44 cents. Between one and three months ago, the average estimate was unchanged. It has since dropped over the last month. Analysts are projecting profit to rise by 3.2% versus last year to $1.96.

Past Earnings Performance: The company’s quarterly results have come in above estimates for the last three quarters. Last quarter, the company booked net income of 55 cents per share versus a mean estimate of profit of 51 cents per share.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 10.8% in revenue from the year-earlier quarter to $600.4 million.

Analyst Ratings: eight out of 12 analysts surveyed (66.7%) have a buy rating on DENTSPLY International.. This is below the mean analyst rating of 10 competitors, which average 67.6% buy ratings.

A Look Back: In the second quarter, profit rose 2.6% to $74.2 million (52 cents a share) from $72.4 million (49 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 7.8% to $609.4 million from $565.1 million.

Key Stats:

While the company has been profitable for the last eight quarters, income has fallen year over year by an average of 0.2% over the past four quarters. The quarter hit the hardest was the fourth quarter of the last fiscal year, that saw a 9.4% drop.

The company’s revenue has risen for two straight quarters. In the first quarter, the figure rose 4.5%.

Competitors to Watch: Young Innovations, Inc. (NASDAQ:YDNT), Align Technology, Inc. (NASDAQ:ALGN), Sirona Dental Systems, Inc. (NASDAQ:SIRO), Biolase Technology, Inc. (NASDAQ:BLTI), Pro-Dex, Inc. (NASDAQ:PDEX), Danaher Corporation (NYSE:DHR), Integra LifeSciences Hldgs. Corp. (NASDAQ:IART), 3M Company (NYSE:MMM), Cantel Medical Corp. (NYSE:CMN), and Zimmer Holdings, Inc. (NYSE:ZMH).

Stock Price Performance: During July 28, 2011 to October 21, 2011, the stock price had fallen $3.54 (-9.4%) from $37.65 to $34.11. The stock price saw one of its best stretches over the last year between June 27, 2011 and July 8, 2011 when shares rose for nine-straight days, rising 5.6% (+$2.07) over that span. It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven-straight days, falling 5.6% (-$2.21) over that span. Shares are up 9 cents (+0.3%) year to date.

(Source: Xignite Financials)

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