Advertisement
U.S. markets closed
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • Dow 30

    39,807.37
    +47.29 (+0.12%)
     
  • Nasdaq

    16,379.46
    -20.06 (-0.12%)
     
  • Russell 2000

    2,124.55
    +10.20 (+0.48%)
     
  • Crude Oil

    83.11
    -0.06 (-0.07%)
     
  • Gold

    2,254.80
    +16.40 (+0.73%)
     
  • Silver

    25.10
    +0.18 (+0.74%)
     
  • EUR/USD

    1.0787
    -0.0006 (-0.05%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • GBP/USD

    1.2619
    -0.0003 (-0.02%)
     
  • USD/JPY

    151.3350
    -0.0370 (-0.02%)
     
  • Bitcoin USD

    69,876.67
    -584.75 (-0.83%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Nikkei 225

    40,369.44
    +201.37 (+0.50%)
     

Dentsply: 4Q Earnings Snapshot

CHARLOTTE, N.C. (AP) _ Dentsply International Inc. (XRAY) on Monday reported fourth-quarter net income of $99 million.

The Charlotte, North Carolina-based company said it had net income of 45 cents per share. Earnings, adjusted for one-time gains and costs, were 87 cents per share.

The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share.

The dental products manufacturer posted revenue of $1.08 billion in the period, which also beat Street forecasts. Eight analysts surveyed by Zacks expected $1 billion.

For the year, the company reported a loss of $83 million, or 38 cents per share, swinging to a loss in the period. Revenue was reported as $3.34 billion.

Dentsply expects full-year earnings in the range of $2.60 to $2.80 per share, with revenue in the range of $4 billion to $4.3 billion.

Dentsply shares have climbed slightly more than 1% since the beginning of the year, while the Standard & Poor's 500 index has increased 1.5%. The stock has risen roughly 6% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XRAY at https://www.zacks.com/ap/XRAY

Advertisement