Henry Schein (HSIC) To Post Q2 Earnings: A Beat In Store?
Zacks Investment Research | Jul 31, 2019 11:55PM ET
Henry Schein, Inc. (NASDAQ:HSIC) is scheduled to report second-quarter 2019 results on Aug 6, before the market opens. In the last reported quarter, the company’s earnings exceeded the Zacks Consensus Estimate by 5.3%. Overall, the metric surpassed estimates in three of the trailing four quarters, the average positive surprise being 2.5%.
Let’s see how things are shaping up prior to this announcement.
Factors at Play
In the second quarter, Henry Schein is expected to demonstrate solid growth across all its segments, namely Dental, Medical and Technology plus Value-Added Services. Geographically, the company is gaining traction from all regions. We expect this trend to get reflected in the impending quarterly results.
Favorable Dental Business Trend: The company is currently making concerted efforts to expand in the field of digital dentistry, globally. In this regard, it is benefitting from the ongoing phase of digitalization in the international dental market. According to Henry Schein, over the last few quarters, end market is generally stable in the International Dental consumable market and the company is gradually gaining share in this space. On the dental equipment side too, the market is stable leading to market share gains. These trends should continue through the second quarter as well.
Henry Schein, Inc. Price and EPS Surprise
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