DENTSPLY SIRONA Inc reports results for the quarter ended June 30 - Earnings Summary

• DENTSPLY SIRONA Inc XRAY.OQ reported quarterly adjusted earnings of 52 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 49 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 50 cents per share. Wall Street expected results to range from 44 cents to 55 cents per share.

• Revenue fell 4.9% to $936.00 million from a year ago; analysts expected $933.27 million.

• DENTSPLY SIRONA Inc's reported EPS for the quarter was a loss of 22 cents​.

• The company reported a quarterly loss of $45 million.

• DENTSPLY SIRONA Inc shares had fallen by 13.9% this quarter and lost 27.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.6% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 14 "hold" and no "sell" or "strong sell." The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy."

• Wall Street's median 12-month price target for DENTSPLY SIRONA Inc is $17.00, about 19.5% above its last closing price of $13.68

This summary was machine generated from LSEG data August 7 at 05:13 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)