Henry Schein Earnings: Everything You Must Know Now

Henry Schein Inc. (NASDAQ:HSIC) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

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Henry Schein Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 8.16% to $1.06 in the quarter versus EPS of $0.98 in the year-earlier quarter.

Revenue: Rose 9.27% to $2.29 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Henry Schein Inc. reported adjusted EPS income of $1.06 per share. By that measure, the company missed the mean analyst estimate of $1.07. It beat the average revenue estimate of $2.25 billion.

Quoting Management: “We are pleased to announce another record first-quarter performance, which puts us on the path to achieving our full-year earnings goal,” said Stanley M. Bergman, Chairman of the Board and Chief Executive Officer of Henry Schein. “While the quarter’s results reflect certain macroeconomic challenges in Europe, as well as some one-time technical factors, our bottom-line performance was in line with our expectations, reinforcing our confidence in the long-term outlook for the Company.”

Key Stats (on next page)…

Revenue decreased 4.77% from $2.41 billion in the previous quarter. EPS decreased 15.87% from $1.26 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $1.23 and has not changed. For the current year, the average estimate has moved up from a profit of $4.85 to a profit of $4.87 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)