Henry Schein Q4 Adjusted EPS $0.66 Misses $0.70 Estimate, Sales $3.02B Miss $3.04B Estimate
Portfolio Pulse from Benzinga Newsdesk
Henry Schein (NASDAQ:HSIC) reported Q4 adjusted EPS of $0.66, missing the $0.70 estimate, and sales of $3.02B, missing the $3.04B estimate. This represents a 51.11% decrease in earnings and a 10.50% decrease in sales from the same period last year.
February 27, 2024 | 11:02 am
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Henry Schein reported a significant miss in both earnings and sales for Q4, with adjusted EPS at $0.66 against a $0.70 estimate and sales at $3.02B against a $3.04B estimate.
Missing both earnings and sales estimates, especially with a significant year-over-year decrease in earnings (51.11%) and sales (10.50%), is likely to negatively impact investor sentiment and the stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100