Henry Schein Sees Adjusted EPS Of $4.43-$4.7, Reflecting Narrowing Of The Previous Guidance Range For The Underlying Business To $5.18-$5.26 From Its Previous Guidance Of $5.18-$5.35, Reflecting Softening Macroeconomic Conditions Vs. $5.20 Est.
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Henry Schein has updated its adjusted EPS guidance, narrowing the range for its underlying business to $4.43-$4.7 from the previous guidance of $5.18-$5.35. This revision reflects the impact of softening macroeconomic conditions and is compared to an estimated $5.20.
November 13, 2023 | 11:12 am
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Henry Schein has revised its adjusted EPS guidance downwards due to softening macroeconomic conditions, indicating potential challenges ahead.
The narrowing of the EPS guidance range by Henry Schein suggests that the company is experiencing some pressure from the current economic environment. This revision is likely to be viewed negatively by investors as it indicates a potential decrease in profitability. The adjustment is significant as it moves below the estimated $5.20, which could lead to a negative short-term impact on the stock price.
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