Henry Schein Earnings: Everything You Must Know Now

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

Henry Schein Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 10.81% to $1.23 in the quarter versus EPS of $1.11 in the year-earlier quarter.

Revenue: Rose 8.65% to $2.39 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Henry Schein Inc. reported adjusted EPS income of $1.23 per share. By that measure, the company met the mean analyst estimate of $1.23. It beat the average revenue estimate of $2.39 billion.

Quoting Management: “We continue to reap the benefits of our diversified business strategy as market share gains in each of our operating units resulted in record second quarter global sales results. We are on target with our full-year plan and are pleased to be raising the bottom of our 2013 financial guidance range,” said Stanley M. Bergman, Chairman of the Board and Chief Executive Officer of Henry Schein. “Our second quarter sales growth and share gains were enhanced by the timing of the IDS dental trade show and the spring holidays as discussed during our last quarterly conference call.”

Key Stats (on next page)…

Revenue increased 4.29% from $2.29 billion in the previous quarter. EPS increased 16.04% from $1.06 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 $1.20 and has not changed. For the current year, the average estimate has moved up from a profit of $4.86 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)