Henry Schein set for best day in 25 years on annual profit forecast raise

Henry Schein

04/11/2025 15:31

Updates

** Shares of dental products distributor Henry Schein HSIC.O rise as much as 13.8% to a near four-month high of $73.53

** Stock set for its biggest one day pct. rise since 2000, if gains hold

** Co reports Q3 adj. profit of $1.38/share vs analysts' average estimate of $1.28/share - data compiled by LSEG

** HSIC's quarterly revenue of $3.34 billion beats analysts' average expectation of $3.28 billion

** Co now expects 2025 adjusted profit per share of $4.88 to $4.96, up from its previous projection of $4.80 to $4.94, and annual sales growth of 3% to 4%, compared with its prior forecast of 2% to 4% rise

** Including session's move, stock up ~4% YTD

 (Reporting by Sahil Pandey in Bengaluru)

 ((Sahil.Pandey@thomsonreuters.com))