Henry Schein: Q1 Earnings Snapshot
MELVILLE, N.Y. (AP) — MELVILLE, N.Y. (AP) — Henry Schein Inc. (HSIC) on Tuesday reported first-quarter earnings of $121 million.
The Melville, New York-based company said it had profit of 91 cents per share. Earnings, adjusted for restructuring costs and costs related to mergers and acquisitions, came to $1.21 per share.
The results fell short of Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share.
The health care products maker posted revenue of $3.06 billion in the period, also missing Street forecasts. Eight analysts surveyed by Zacks expected $3.09 billion.
Henry Schein expects full-year earnings in the range of $5.18 to $5.35 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a HSIC">Zacks stock report on HSIC at https://www.zacks.com/ap/HSIC
