Henry Schein Earnings: Everything You Must Know Now

Henry Schein Inc. (NASDAQ:HSIC) delivered a profit and beat 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. Shares are down 0%.

Henry Schein Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 16.67% to $1.26 in the quarter versus EPS of $1.15 in the year-earlier quarter.

Revenue: Rose 2.92% to $2.41 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Henry Schein Inc. reported adjusted EPS income of $1.26 per share. By that measure, the company beat the mean analyst estimate of $1.21. It beat the average revenue estimate of $2.4 billion.

Quoting Management:“We are very pleased with the results from our Global Medical business, with growth in North America significantly higher than in the third quarter and International Medical returning to positive internal growth in local currencies, both excluding the impact of the extra week. We sold approximately 1.4 million doses of influenza vaccine during the quarter, as expected, and sold approximately 8.3 million doses for the full year,” remarked Mr. Bergman.

Key Stats (on next page)…

Revenue increased 7.95% from $2.23 billion in the previous quarter. EPS increased 16.67% from $1.08 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 $1.09 and has not changed. For the current year, the average estimate is a profit of $4.37, which is the same with that ninety days ago.

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