DENTSPLY SIRONA (XRAY) Q4 Earnings Lag Estimates, Sales Rise
Zacks Investment Research | Mar 01, 2020 08:37PM ET
DENTSPLY SIRONA Inc. (NASDAQ:XRAY) reported adjusted earnings per share (EPS) of 73 cents in the fourth quarter of 2019, missing the Zacks Consensus Estimate by a penny. The bottom line surged 25.9% from the prior-year quarter’s figure.
EPS was $2.45 in 2019, falling short of the Zacks Consensus Estimate by a penny. The figure rose 21.9%.
The Zacks Rank #3 (Hold) company’s revenues rose 4.9% year over year to $1.11 billion and outpaced the consensus estimate of $1.09 billion. Per management, internal sales growth was 8.4%.
Full-year revenues were $4.03 billion, surpassing the Zacks Consensus Estimate of $3.99 billion. The metric improved 1.1%.
Business Details
Net sales Excluding Precious Metal Content
Net sales, excluding precious metal content, came in at $1.10 billion. The figure increased 4.9% on a year-over-year basis.
For investors’ notice, DENTSPLY SIRONA’s precious-metal dental alloy products — used by third parties to construct crown and bridge materials — are subject to price fluctuations.
Technologies & Equipment
Per management, Technologies & Equipment revenues rose 12.4% year over year in the fourth quarter to $669.5 million. Per management, growth was fueled by Digital Dentistry’s strong Primescan sales. Equipment & Instruments sales also saw strong growth in the quarter.
DENTSPLY SIRONA Inc. Price, Consensus and EPS Surprise
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Accuray reported second-quarter fiscal 2020 adjusted EPS of a penny against the Zacks Consensus Estimate of a loss of 7 cents. Net revenues of $98.8 million outpaced the consensus mark by 0.3%. The company sports a Zacks Rank #1.
IDEXX Laboratories reported fourth-quarter 2019 adjusted EPS of $1.04, which beat the Zacks Consensus Estimate of 91 cents by 14.3%. Revenues were $605.4 million, surpassing the Zacks Consensus Estimate by 0.9%. The company carries a Zacks Rank of 2.
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