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

DENTSPLY SIRONA

02/05/2024 19:33

* DENTSPLY SIRONA Inc  XRAY.OQ  reported quarterly adjusted
earnings of 42 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of 39 cents.  The mean expectation of
fifteen analysts for the quarter was for earnings of 42 cents
per share. Wall Street expected results to range from 40 cents
to 46 cents per share.
    * Revenue fell 2.6% to $953.00 million from a year ago;
analysts
expected $969.14 million. 
    * DENTSPLY SIRONA Inc's reported EPS for the quarter was 9
cents​.
    * The company reported quarterly net income of $18 million.
    * DENTSPLY SIRONA Inc shares had fallen by 9.1% this
quarter and
lost 15.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 8
"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 $36.00 
This summary was machine generated from LSEG data May 2 at 06:33
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
 Mar. 31 2024      0.42           0.42           Met
 Dec. 31 2023      0.43           0.44           Beat
 Sep. 30 2023      0.48           0.49           Beat
 Jun. 30 2023      0.43           0.51           Beat