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DNTL — dentalcorp Holdings News Story

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HealthcareBalancedMid CapNeutral

Dentalcorp Q3 revenue slightly beats estimates

Overview

Dentalcorp Q3 revenue grows 11.9% yr/yr, slightly beating analyst expectations

Adjusted EBITDA for Q3 rises 14.2% yr/yr, reflecting operational growth

Company to be acquired by GTCR LLC for C$2.2 bln equity value

Outlook

Company suspends financial outlook due to acquisition by GTCR LLC

Result Drivers

PRACTICE ACQUISITIONS - Co acquired 13 new practice locations, contributing to revenue growth

RECURRING PATIENT VISITS - Achieved a 90.3% recurring patient visit rate, indicating strong demand

CDCP IMPACT - Treated over 135,000 CDCP patients, integrating the plan into operations

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueSlight Beat*C$420.10 mlnC$417 mln (11 Analysts)
Q3 Adjusted Net IncomeC$28.80 mln
Q3 Adjusted EBITDAC$78.70 mln
Q3 Adjusted EBITDA Margin18.70%
*Applies to a deviation of less than 1%; not applicable for per-share numbers. Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell" The average consensus recommendation for the healthcare facilities & services peer group is "buy." Wall Street's median 12-month price target for dentalcorp Holdings Ltd is C$11.00, about 0.8% above its November 5 closing price of C$10.91 The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 15 three months ago Press Release: ID:nBw59DzTla For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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