Dentsply: Fourth Quarter Earnings Overview
Dentsply International Reports Fourth Quarter Loss
Dentsply International Inc., headquartered in Charlotte, North Carolina, announced a net loss of $146 million for the fourth quarter.
The company recorded a loss of $0.74 per share. After adjusting for asset impairments and amortization, earnings stood at $0.27 per share.
These figures did not meet analysts' expectations, as the consensus from nine Zacks Investment Research analysts was $0.28 per share.
Despite the earnings miss, Dentsply's revenue for the quarter reached $961 million, surpassing the average forecast of $920.1 million from eight Zacks analysts.
Over the entire year, Dentsply reported a net loss of $598 million, or $3 per share, with total revenue amounting to $3.68 billion.
Looking ahead, the company anticipates full-year earnings between $1.40 and $1.50 per share, and expects revenue to range from $3.5 billion to $3.6 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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