Here's What Key Metrics Tell Us About Henry Schein (HSIC) Q1 Earnings

HSIC

For the quarter ended March 2024, Henry Schein (HSIC - Free Report) reported revenue of $3.17 billion, up 3.7% over the same period last year. EPS came in at $1.10, compared to $1.21 in the year-ago quarter.

The reported revenue represents a surprise of -1.76% over the Zacks Consensus Estimate of $3.23 billion. With the consensus EPS estimate being $0.99, the EPS surprise was +11.11%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Henry Schein performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Geographic Revenue- International- Health Care Distribution: $838 million compared to the $848.12 million average estimate based on four analysts. The reported number represents a change of +8.3% year over year.
  • Geographic Revenue- North America- Dental: $1.10 billion versus the four-analyst average estimate of $1.17 billion. The reported number represents a year-over-year change of -3.6%.
  • Geographic Revenue- International- Dental: $811 million versus $819.20 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +7.6% change.
  • Geographic Revenue- North America- Medical: $1.01 billion versus the four-analyst average estimate of $996.08 million. The reported number represents a year-over-year change of +6.6%.
  • Geographic Revenue- International- Medical: $27 million versus $28.92 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +35% change.
  • Geographic Revenue- North America- Technology and value-added services: $189 million compared to the $185.73 million average estimate based on four analysts. The reported number represents a change of +13.9% year over year.
  • Net Sales- Healthcare Distribution- Global: $2.96 billion versus the six-analyst average estimate of $3.03 billion. The reported number represents a year-over-year change of +3%.
  • Net Sales- Technology and value-added services- Global: $217 million versus the six-analyst average estimate of $213.81 million. The reported number represents a year-over-year change of +13.6%.
  • Net Sales- Healthcare Distribution- Dental- Global: $1.91 billion versus the six-analyst average estimate of $1.98 billion. The reported number represents a year-over-year change of +0.8%.
  • Net Sales- Healthcare Distribution- Medical- Global: $1.04 billion versus $1.05 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +7.2% change.
  • Net Sales- Healthcare Distribution- Dental Merchandise- Global: $1.50 billion versus $1.54 billion estimated by three analysts on average.
  • Net Sales- Healthcare Distribution- Dental Equipment- Global: $415 million versus $439.17 million estimated by three analysts on average.
View all Key Company Metrics for Henry Schein here>>>

Shares of Henry Schein have returned -5.4% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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