Envista Holdings Q4 2023 Adj EPS $0.29 Misses $0.34 Estimate, Sales $645.60M Beat $643.44M Estimate
Portfolio Pulse from Benzinga Newsdesk
Envista Holdings (NVST) reported Q4 2023 adjusted EPS of $0.29, missing the $0.34 estimate, but sales of $645.60M exceeded the $643.44M estimate. This represents a 2.30% decrease in sales compared to the same period last year.
February 07, 2024 | 9:18 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Envista Holdings reported a mixed Q4 2023 with an EPS miss but a slight sales beat, alongside a year-over-year sales decline.
The mixed earnings report, with a miss on EPS but a slight beat on sales, could lead to neutral short-term stock price movement. The sales beat might offset concerns about the EPS miss and the year-over-year sales decline, leading to a balanced market reaction.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100