Dentsply Sirona Inc (XRAY) reported earnings for its first quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $20 million, or $0.10 per share. This compares with $18 million, or $0.09 per share, last year.
Excluding items, Dentsply Sirona Inc reported adjusted earnings of $87 million or $0.43 per share for the period.
Analysts on average had expected the company to earn $0.30 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 7.8% to $879 million from $953 million last year.
Dentsply Sirona Inc earnings at a glance (GAAP) :
-Earnings: $20 Mln. vs. $18 Mln. last year. -EPS: $0.10 vs. $0.09 last year. -Revenue: $879 Mln vs. $953 Mln last year.
-Guidance: Full year EPS guidance: $1.80 - $2.00 Full year revenue guidance: $3.60 - $3.70 Bln
https://www.nasdaq.com/articles/dentsply-sirona-inc-q1-profit-increases-beats-estimates
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