Henry Schein (HSIC) Tops Q1 EPS by 11c, Beats on Revenue; Affirms FY17 Guidance

Henry Schein (NASDAQ: HSIC) reported Q1 EPS of $1.76, $0.11 better than the analyst estimate of $1.65. Revenue for the quarter came in at $2.9 billion versus the consensus estimate of $2.84 billion.

GUIDANCE:

Henry Schein sees FY2017 EPS of $7.17-$7.30, versus the consensus of $7.25.

2017 EPS Guidance

Henry Schein, Inc. today affirmed 2017 financial guidance, as follows:

2017 diluted EPS attributable to Henry Schein, Inc. is expected to be $7.17 to $7.30. This guidance reflects growth of 16% to 18% compared with 2016 GAAP diluted EPS of $6.19, and growth of 8% to 10% compared with 2016 non-GAAP diluted EPS of $6.61. The Company notes that fiscal year 2017 includes one less week than fiscal year 2016.

Guidance for 2017 diluted EPS attributable to Henry Schein, Inc. is for current continuing operations as well as completed or previously announced acquisitions, and does not include the impact of potential future acquisitions, if any. Guidance also assumes foreign exchange rates that are generally consistent with current levels.

For earnings history and earnings-related data on Henry Schein (HSIC) click here.

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