Henry Schein: Q1 Earnings Snapshot

MELVILLE, N.Y. (AP) — MELVILLE, N.Y. (AP) — Henry Schein Inc. (HSIC) on Tuesday reported first-quarter earnings of $121 million.

The Melville, New York-based company said it had profit of 91 cents per share. Earnings, adjusted for restructuring costs and costs related to mergers and acquisitions, came to $1.21 per share.

The results fell short of Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share.

The health care products maker posted revenue of $3.06 billion in the period, also missing Street forecasts. Eight analysts surveyed by Zacks expected $3.09 billion.

Henry Schein expects full-year earnings in the range of $5.18 to $5.35 per share.


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

Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up