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

DENTSPLY SIRONA

02/11/2023 13:31

* DENTSPLY SIRONA Inc  XRAY.OQ  reported quarterly adjusted
earnings of 49 cents​​ per share for the quarter ended in
September, higher than the same quarter last year, when the
company reported EPS of 41 cents.  The mean expectation of
eleven analysts for the quarter was for earnings of 48 cents per
share. Wall Street expected results to range from 47 cents to 50
cents per share.
    * Revenue held steady 0% to $947.00 million from a year ago;
analysts expected $975.20 million. 
    * DENTSPLY SIRONA Inc's reported EPS for the quarter was a
loss of
$1.25​.
    * The company reported a quarterly loss of $266 million.
    * DENTSPLY SIRONA Inc shares had fallen by 9.7% this
quarter and
lost 3.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is  "hold."

Wall Street's median 12-month price target for DENTSPLY SIRONA
Inc is $42.50 
This summary was machine generated from LSEG data November 2 at
01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.48           0.49           Beat
 Jun. 30 2023      0.43           0.51           Beat
 Mar. 31 2023      0.34           0.39           Beat
 Dec. 31 2022      0.32           0.46           Beat