Dentsply: Q1 Earnings Snapshot

CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Dentsply International Inc. (XRAY) on Thursday reported first-quarter net income of $18 million.

The Charlotte, North Carolina-based company said it had net income of 9 cents per share. Earnings, adjusted for amortization costs and restructuring costs, came to 42 cents per share.

The results matched Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was also for earnings of 42 cents per share.

The dental products manufacturer posted revenue of $953 million in the period, which did not meet Street forecasts. Eight analysts surveyed by Zacks expected $969.8 million.

Dentsply expects full-year earnings in the range of $2 to $2.10 per share, with revenue in the range of $3.91 billion to $3.97 billion.

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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 XRAY at https://www.zacks.com/ap/XRAY

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