Henry Schein (HSIC) Tops Q1 EPS by 8c ; Offers Guidance

Henry Schein (NASDAQ: HSIC) reported Q1 EPS of $1.10, $0.08 better than the analyst estimate of $1.02. Revenue for the quarter came in at $3.17 billion versus the consensus estimate of $3.21 billion.

GUIDANCE:

Henry Schein sees FY2024 EPS of $5.00-$5.16, versus the consensus of $5.06.

2024 total sales growth is now expected to be approximately 8% to 10% over 2023, compared with prior guidance of 8% to 12% growth. This reflects continued recovery from last year’s cyber incident and a strong pipeline of new specialty products and software innovation.
2024 Adjusted EBITDA3 is expected to increase by more than 15% compared with 2023, unchanged from prior guidance.

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

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