Henry Schein: 3Q Earnings Snapshot
MELVILLE, N.Y. (AP) _ Henry Schein Inc. (HSIC) on Tuesday reported third-quarter profit of $121.5 million.
The Melville, New York-based company said it had net income of 79 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, were $1.03 per share.
The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share.
The health care products maker posted revenue of $3.28 billion in the period, which fell short of Street forecasts. Eight analysts surveyed by Zacks expected $3.35 billion.
Henry Schein expects full-year earnings in the range of $4.06 to $4.14 per share.
Henry Schein shares have risen 21 percent since the beginning of the year. The stock has increased 9 percent in the last 12 months.