Dentsply Sirona Inc Reports Results For The Quarter Ended In June: Earnings Summary

DENTSPLY SIRONA

31/07/2024 14:32

* DENTSPLY SIRONA Inc  XRAY.OQ  reported quarterly adjusted
earnings of 49 cents​​ per share for the quarter ended in June,
lower than the same quarter last year, when the company reported
EPS of 51 cents.  The mean expectation of fourteen analysts for
the quarter was for earnings of 50 cents per share. Wall Street
expected results to range from 47 cents to 54 cents per share.
    * Revenue fell 4.3% to $984.00 million from a year ago;
analysts
expected $995.39 million. 
    * DENTSPLY SIRONA Inc's reported EPS for the quarter was a
loss
of 2 cents​.
    * The company reported a quarterly loss of $4 million.
    * DENTSPLY SIRONA Inc shares had risen by 7.5% this
quarter and
lost 24.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 8.3%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for DENTSPLY SIRONA
Inc is $33.00 
This summary was machine generated from LSEG data July 31 at
01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.50           0.49           Missed
 Mar. 31 2024      0.42           0.42           Met
 Dec. 31 2023      0.43           0.44           Beat
 Sep. 30 2023      0.48           0.49           Beat