Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Henry Schein (HSIC)
NASDAQ:HSIC
Holding HSIC?
Track your performance easily
Earnings Data
Report Date
Feb 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$1.23Last Year’s EPS
$0.66Same Quarter Last Year
Based on 10 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 05, 2024
|% Change Since: -3.47%
|Next Earnings Date:Feb 12, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a balanced view of the company's performance. While there were significant achievements like the increase in EPS guidance and strong performance in high-growth areas, challenges such as declines in medical sales and lingering effects of the cyber incident were noted.Company Guidance
During the third quarter 2024 earnings call, Henry Schein, Inc. (HSIC) reported that they exceeded their financial expectations and increased their non-GAAP EPS guidance range to $4.74 - $4.82. They highlighted that over 40% of their operating income was generated by high-growth, high-margin businesses, surpassing their target. The company also noted that global sales reached $3.2 billion, reflecting a modest growth of 0.4% compared to the previous year. The dental specialties and technology and value-added services segments showed strong performance, contributing significantly to operating income. The restructuring plan is on track to deliver $75 million to $100 million in annual run-rate savings by the end of 2025. Additionally, HSIC launched a global e-commerce platform in the U.K. and Ireland, with plans for a U.S. launch next year, and continued to return capital to shareholders through its share repurchase program.EPS Guidance Increase
Henry Schein increased its non-GAAP EPS guidance range to $4.74 to $4.82, reflecting better-than-expected results for the third quarter.
Dental Equipment and Specialty Growth
Dental equipment business showed stability in North America with increased investment in Europe, Australia, and New Zealand. The dental implant and biomaterial sales grew mid-single digits.
Successful Implementation of Strategic Plan
The BOLD+1 strategic plan led to growth and efficiency, with high-growth, high-margin businesses exceeding the 40% operating income target.
Strong Performance in Technology and Value-Added Services
Practice management software and revenue cycle management products posted mid-single-digit growth.
Continued Share Repurchase Program
The company repurchased approximately 2 million shares during the third quarter at an average price of $69.09 per share.
---
HSIC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
HSIC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 05, 2024 | $72.33 | $68.99 | -4.62% |
| Aug 06, 2024 | $69.56 | $63.92 | -8.11% |
| May 07, 2024 | $68.53 | $71.20 | +3.90% |
| Feb 27, 2024 | $80.57 | $77.85 | -3.38% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Henry Schein (HSIC) report earnings?
Henry Schein (HSIC) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is Henry Schein (HSIC) earnings time?
Henry Schein (HSIC) earnings time is at Feb 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HSIC EPS forecast?
HSIC EPS forecast for the fiscal quarter 2024 (Q4) is $1.23.
---