Henry Schein: 2Q Earnings Snapshot
MELVILLE, N.Y. (AP) _ Henry Schein Inc. (HSIC) on Monday reported second-quarter net income of $141.2 million.
The Melville, New York-based company said it had net income of 92 cents per share. Earnings, adjusted for restructuring costs and non-recurring costs, came to $1.04 per share.
The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.
The health care products maker posted revenue of $3.33 billion in the period, which also beat Street forecasts. Ten analysts surveyed by Zacks expected $3.3 billion.
Henry Schein expects full-year earnings in the range of $4.06 to $4.14 per share.
Henry Schein shares have risen 15 percent since the beginning of the year. The stock has decreased 10 percent in the last 12 months.