27.02.2024 12:38:35 - dpa-AFX: Henry Schein Inc. Q4 Profit Decreases, misses estimates
MELVILLE (dpa-AFX) - Henry Schein Inc. (HSIC) revealed earnings for fourth
quarter that decreased from the same period last year and missed the Street
estimates.
The company's bottom line totaled $18 million, or $0.13 per share. This
compares with $47 million, or $0.34 per share, in last year's fourth quarter.
Excluding items, Henry Schein Inc. reported adjusted earnings of $86 million or
$0.66 per share for the period.
Analysts on average had expected the company to earn $0.70 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter fell 10.4% to $3.02 billion from $3.37
billion last year.
Henry Schein Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $18 Mln. vs. $47 Mln. last year.
-EPS (Q4): $0.13 vs. $0.34 last year.
-Analyst Estimates: $0.70
-Revenue (Q4): $3.02 Bln vs. $3.37 Bln last year.
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