Henry Schein: Fourth Quarter Earnings Overview
Henry Schein Inc. Announces Fourth-Quarter Financial Results
Henry Schein Inc., headquartered in Melville, New York, revealed a net income of $101 million for the fourth quarter.
The company reported earnings of $0.85 per share. After adjusting for amortization and restructuring expenses, adjusted earnings reached $1.34 per share.
These figures surpassed analysts’ projections, as the consensus among nine analysts polled by Zacks Investment Research had anticipated earnings of $1.30 per share.
During the quarter, the healthcare products provider generated $3.44 billion in revenue, outperforming expectations. Eight analysts surveyed by Zacks had predicted revenue of $3.33 billion.
For the full year, Henry Schein posted a profit of $398 million, or $3.27 per share, with total revenue amounting to $13.18 billion.
Looking ahead, the company forecasts its annual earnings to fall between $5.23 and $5.37 per share.
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