Dentsply: Q4 Earnings Snapshot

Associated Press Finance
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CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Dentsply International Inc. (XRAY) on Thursday reported fourth-quarter net income of $67 million.

On a per-share basis, the Charlotte, North Carolina-based company said it had net income of 32 cents. Earnings, adjusted for one-time gains and costs, were 44 cents per share.

The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share.

The dental products manufacturer posted revenue of $1.01 billion in the period, also exceeding Street forecasts. Nine analysts surveyed by Zacks expected $968.4 million.

For the year, the company reported a loss of $132 million, or 62 cents per share. Revenue was reported as $3.97 billion.

Dentsply expects full-year earnings in the range of $2 to $2.10 per share, with revenue in the range of $3.96 billion to $4.02 billion.

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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

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