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Dentsply (XRAY) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended September 2023, Dentsply International (XRAY - Free Report) reported revenue of $947 million, representing no change compared to the same period last year. EPS came in at $0.49, compared to $0.41 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $972.77 million, representing a surprise of -2.65%. The company delivered an EPS surprise of +2.08%, with the consensus EPS estimate being $0.48.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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 Dentsply performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Organic sales growth: -0.3% compared to the 1.7% average estimate based on five analysts.
Revenues- United States: $356 million versus the three-analyst average estimate of $358.85 million. The reported number represents a year-over-year change of -0.3%.
Revenues- Rest of World: $237 million versus $229.29 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +2.2% change.
Revenues- Europe: $354 million versus the three-analyst average estimate of $374.85 million. The reported number represents a year-over-year change of -1.1%.
Net sales- Connected Technology Solutions: $276 million compared to the $295.56 million average estimate based on four analysts.
Net sales- Wellspect Healthcare: $72 million compared to the $67.19 million average estimate based on four analysts.
Net sales- Orthodontic and Implant Solutions: $252 million versus the four-analyst average estimate of $253.70 million.
Net sales- Essential Dental Solutions: $347 million compared to the $355.71 million average estimate based on four analysts.
Shares of Dentsply have returned -7.4% over the past month versus the Zacks S&P 500 composite's -1.1% 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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Dentsply (XRAY) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended September 2023, Dentsply International (XRAY - Free Report) reported revenue of $947 million, representing no change compared to the same period last year. EPS came in at $0.49, compared to $0.41 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $972.77 million, representing a surprise of -2.65%. The company delivered an EPS surprise of +2.08%, with the consensus EPS estimate being $0.48.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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 Dentsply performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Organic sales growth: -0.3% compared to the 1.7% average estimate based on five analysts.
- Revenues- United States: $356 million versus the three-analyst average estimate of $358.85 million. The reported number represents a year-over-year change of -0.3%.
- Revenues- Rest of World: $237 million versus $229.29 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +2.2% change.
- Revenues- Europe: $354 million versus the three-analyst average estimate of $374.85 million. The reported number represents a year-over-year change of -1.1%.
- Net sales- Connected Technology Solutions: $276 million compared to the $295.56 million average estimate based on four analysts.
- Net sales- Wellspect Healthcare: $72 million compared to the $67.19 million average estimate based on four analysts.
- Net sales- Orthodontic and Implant Solutions: $252 million versus the four-analyst average estimate of $253.70 million.
- Net sales- Essential Dental Solutions: $347 million compared to the $355.71 million average estimate based on four analysts.
View all Key Company Metrics for Dentsply here>>>Shares of Dentsply have returned -7.4% over the past month versus the Zacks S&P 500 composite's -1.1% 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.