The earnings call presented a mixed picture with significant achievements in digital innovation and operational efficiencies, such as the Primescan 2 launch and ERP deployment. However, these were overshadowed by regulatory issues and financial challenges, notably with Byte, leading to a cautious outlook. The sentiment is cautious due to the balance of positive innovations against substantial operational and market pressures.
Company Guidance
During the Q3 2024 earnings call for Dentsply Sirona, the company provided revised guidance for the full year 2024 due to ongoing market pressures, particularly in the U.S. equipment segment and issues with Byte. They now expect organic sales to decline by 2.5% to 3.5%, with full-year net sales projected between $3.79 billion and $3.82 billion. The adjusted EBITDA margin is anticipated to be approximately 17.5%, down from the previous forecast of over 18%. Adjusted EPS is expected to range from $1.82 to $1.86. Byte, which had around $40 million in sales in Q3, was a significant factor in the guidance revision, with its suspension impacting revenue forecasts.
Primescan 2 Launch
Dentsply Sirona launched Primescan 2 in September, marking a milestone in Digital Dentistry. The product is hardware independent, wireless, and powered by DS Core, contributing to CAD/CAM growth.
ERP Deployment Success
The company successfully executed its first U.S. ERP deployment on November 1, following a successful rollout in the U.K., with minimal disruptions.
DS Core Adoption Growth
DS Core saw a 20% sequential growth in unique users, reaching over 32,000 users by the end of Q3.
Strong Performance in EDS Segment
The Essential Dental Solutions segment saw a 7.5% organic sales increase, driven by U.S. distributor orders and growth in China and Canada.
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DENTSPLY SIRONA (IT:1XRAY) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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
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IT:1XRAY Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 07, 2024
€22.02
€16.71
-24.09%
Jul 31, 2024
€24.64
€25.30
+2.70%
May 02, 2024
€27.85
€26.95
-3.23%
Feb 29, 2024
€30.17
€29.68
-1.63%
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.
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FAQ
When does DENTSPLY SIRONA Inc (IT:1XRAY) report earnings?
DENTSPLY SIRONA Inc (IT:1XRAY) is schdueled to report earning on Feb 26, 2025, TBA Not Confirmed.
What is DENTSPLY SIRONA Inc (IT:1XRAY) earnings time?
DENTSPLY SIRONA Inc (IT:1XRAY) earnings time is at Feb 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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