Dentsply Sirona Q2 EPS $0.51 Beats $0.43 Estimate, Sales $1.03B Beat $992.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dentsply Sirona reported Q2 earnings of $0.51 per share, beating the analyst consensus estimate of $0.43 by 18.6%. The company's quarterly sales were $1.03 billion, surpassing the analyst consensus estimate of $992.15 million by 3.61%. However, this represents a 26.09% decrease in earnings and a 0.49% increase in sales compared to the same period last year.
August 04, 2023 | 12:29 pm
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POSITIVE IMPACT
Dentsply Sirona's Q2 earnings and sales exceeded analyst estimates, which could positively impact the company's stock in the short term.
Dentsply Sirona's better-than-expected Q2 earnings and sales could lead to increased investor confidence and a potential rise in the company's stock price. However, the decrease in earnings compared to last year might temper this positive impact.
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RELEVANCE 100