Henry Schein (HSIC) Tops Q2 EPS by 1c ; Offers Guidance

Henry Schein (NASDAQ: HSIC) reported Q2 EPS of $1.23, $0.01 better than the analyst estimate of $1.22. Revenue for the quarter came in at $3.14 billion versus the consensus estimate of $3.27 billion.

GUIDANCE:

Henry Schein sees FY2024 EPS of $4.70-$4.82, versus the consensus of $5.05.

2024 total sales growth is now expected to be approximately 4% to 6% over 2023, compared with prior guidance of 8% to 10% growth. The previous guidance anticipated a stronger economy as well as a faster recovery from the cyber incident.

2024 Adjusted EBITDA is expected to grow in the low double-digit percentages versus 2023 Adjusted EBITDA and compares with prior guidance of more than 15%.

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

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