Envista Holdings Corp reports results for the quarter ended in June - Earnings Summary

Envista Holdings

02/08/2023 23:33

* Envista Holdings Corp  NVST.N  reported quarterly adjusted
earnings of 43 cents​​ per share for the quarter ended in June.
The mean expectation of ten analysts for the quarter was
for earnings of 41 cents per share.
    * Revenue rose 2.6% to $662.40 million from a year ago;
analysts
expected $655.81 million. 
    * Envista Holdings Corp's reported EPS for the quarter was
29
cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.2%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates 
    * Envista Holdings Corp shares had risen by 0.5% this
quarter and
gained 1.0% so far this year.
    * The company reported quarterly net income of $51.9
million.
    * Wall Street's median 12-month price target for Envista
Holdings
Corp is $44.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 10:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.41           0.43           Beat
 Mar. 31 2023      0.41           0.38           Missed
 Dec. 31 2022      0.49           0.52           Beat
 Sep. 30 2022      0.47           0.47           Met