Henry Schein Q3 Adjusted EPS $1.32, Inline, Sales $3.16B Miss $3.21B Estimate
Portfolio Pulse from Benzinga Newsdesk
Henry Schein (NASDAQ:HSIC) reported Q3 adjusted EPS of $1.32, which was in line with analyst estimates, and a 2.33% increase from the previous year. However, sales of $3.16B fell short of the expected $3.21B, a miss by 1.50%, though they were up 3.10% from the same period last year.
November 13, 2023 | 11:01 am
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NEUTRAL IMPACT
Henry Schein's Q3 earnings per share matched expectations, showing modest growth, but revenue fell slightly short of analyst projections.
While Henry Schein's EPS met analyst expectations, which is generally positive, the slight miss in revenue could temper investor enthusiasm. However, the fact that both EPS and sales showed year-over-year growth may mitigate any negative impact. The mixed results lead to a neutral short-term score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100