Henry Schein: 1Q Earnings Snapshot
Henry Schein: 1Q Earnings Snapshot
MELVILLE, N.Y. (AP) _ Henry Schein Inc. (HSIC) on Tuesday reported first-quarter earnings of $109.8 million.
The Melville, New York-based company said it had profit of 73 cents per share. Earnings, adjusted for one-time gains and costs, were 80 cents per share.
The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.
The health care products maker posted revenue of $2.36 billion in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $2.35 billion.
Henry Schein expects full-year earnings in the range of $3.38 to $3.50 per share.
Henry Schein shares have decreased 19% since the beginning of the year. The stock has fallen 16% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HSIC at https://www.zacks.com/ap/HSIC