HSIC Q3 Earnings Top, Margins Down, Stock Gains in Premarket
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Henry Schein's Q3 earnings exceeded expectations, driven by improved sales in Technology and Value-Added Services. Despite a decline in margins, the stock rose in premarket trading.
November 05, 2024 | 3:45 pm
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Henry Schein reported better-than-expected Q3 earnings, with strong sales in Technology and Value-Added Services. Despite a decline in margins, the stock gained in premarket trading.
The positive earnings surprise and strong sales in key business areas are likely to boost investor confidence, leading to a short-term increase in stock price. The premarket gain indicates positive market reaction despite margin decline.
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IMPORTANCE 80
RELEVANCE 100