Envista Holdings Corp. (NVST) Misses Q4 EPS by 5c; offers guidance
Envista Holdings Corp. (NYSE: NVST) reported Q4 EPS of $0.29, $0.05 worse than the analyst estimate of $0.34. Revenue for the quarter came in at $645.6 million versus the consensus estimate of $639.12 million.
2024 Guidance
For the full year 2024, we expect core sales to grow low-single digits and to deliver adjusted EBITDA margins of between 16% - 17%. We further anticipate that our margins will accelerate as we move through 2024. Our guidance takes into consideration both our investments for the long-term and the continued uncertainty in the macro environment.
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