By Dean Seal
Henry Schein is guiding for higher sales this year after logging a jump in profit and sales at the end of 2024, though the fourth-quarter results missed analyst projections.
The maker of drills, X-ray machines and other equipment for dental offices said it expects sales to rise 2% to 4% in 2025 from $12.67 billion last year. Analysts polled by FactSet had been forecasting $13.18 billion, which would be in line with the upper-end of guidance.
Adjusted earnings, which strip out one-time items, are expected to hit $4.80 to $4.94 a share for the year. Analysts had been targeting $5 a share.
Henry Schein said the guidance was only for continuing operations and announced acquisitions, and doesn't include the impact of restructuring and other costs.
For the fiscal fourth quarter, the company posted a profit of $94 million, or 74 cents a share, compared with a profit of $18 million, or 13 cents a share, in the same period a year earlier.
Stripping out one-time items, adjusted earnings were $1.19 a share. Analysts polled by FactSet had been expecting $1.20 a share.
Sales rose 5.8% to $3.19 billion, below analyst forecasts for $3.28 billion, according to FactSet.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
February 25, 2025 06:26 ET (11:26 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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