What's In Store For Align Technology's (ALGN) Q4 Earnings?
Zacks Investment Research | Jan 22, 2020 08:23PM ET
Align Technology, Inc. (NASDAQ:ALGN) is set to report fourth-quarter 2019 results on Jan 29, after the closing bell.
In the last reported quarter, the company delivered a positive earnings surprise of 12.3%. The company has a trailing four-quarter earnings beat of 11%, on average.
Let’s take a look at how things are shaping up prior to this announcement.
Key Catalysts
Invisalign System
Align Technology is expected to have gained from continued adoption of Invisalign system in the fourth quarter of 2019.
Invisalign portfolio expansion, anticipated revenue growth at the Clear Aligner segment on sustained Invisalign case volume growth across customer channels and geographies, and estimated growth in the teenage patient segment are likely to get reflected in the upcoming quarterly results. We believe Invisalign First, Invisalign Lite, Invisalign Go and treatment with Mandibular Advancement have seen continued strength in the fourth quarter.
For the American markets, we expect consistent growth in Invisalign volumes in orthodontist and GP channels (including the DSOs) as well as continued uptick in the number of teenage patient cases. In Latin America, Align Technology’s sustained investments in the Clear Aligner segment should get reflected in the company’s Invisalign volume growth in this region. In recent times, the company is witnessing solid momentum across comprehensive and non-comprehensive products in Latin America, led by Brazil. This trend is expected to have sustained through the fourth quarter.
Align Technology, Inc. Price and EPS Surprise
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