Dentsply International (XRAY) Tops Q1 EPS by 3c

Dentsply International (NASDAQ: XRAY) reported Q1 EPS of $0.59, $0.03 better than the analyst estimate of $0.56. Revenue for the quarter came in at $730.1 million versus the consensus estimate of $747.27 million.

Bret Wise, Chairman and Chief Executive Officer, stated "We are pleased to report double-digit adjusted earnings per share growth in the first quarter driven by operating margin expansion, despite slow market conditions in certain regions. We are accelerating our efforts to leverage our global platform and cost structure to drive higher financial returns. We are slightly ahead of our earnings growth expectations for the start of the year, and are anticipating making some important investments to enhance our long-term growth and profitability. Accordingly, we now expect adjusted earnings per diluted share to be in the range of $2.47 to $2.55 for the full year 2014."

For earnings history and earnings-related data on Dentsply International (XRAY) click here.

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