Shares of Envista Holdings Corporation (NYSE: NVST) surged over 20% in extended trading on Monday after the dental products company reported better-than-expected results for the third quarter of 2024.
The company reported adjusted earnings per share of $0.12 for the quarter, beating analysts' consensus estimate of $0.09 by 33%. Revenue came in at $601 million, up 1.8% from the prior year quarter and surpassing the Street's forecast of $590.32 million.
Envista reaffirmed its full-year 2024 guidance, expecting core sales growth in the range of -1% to -4% and adjusted EBITDA margins between 10% and 12%. CEO Paul Keel noted that the company's commercial and innovation investments are showing positive impact, as Envista focuses on accelerating growth, driving operational improvements through the Envista Business System, and cultivating a high-performing and inclusive culture.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。