Henry Schein: Q4 Earnings Snapshot

Associated Press Finance
25 Feb

MELVILLE, N.Y. (AP) — MELVILLE, N.Y. (AP) — Henry Schein Inc. (HSIC) on Tuesday reported fourth-quarter profit of $94 million.

The Melville, New York-based company said it had net income of 74 cents per share. Earnings, adjusted for restructuring costs and costs related to mergers and acquisitions, were $1.19 per share.

The results matched Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of $1.19 per share.

The health care products maker posted revenue of $3.19 billion in the period, falling short of Street forecasts. Eight analysts surveyed by Zacks expected $3.27 billion.

For the year, the company reported profit of $390 million, or $3.05 per share. Revenue was reported as $12.67 billion.

Henry Schein expects full-year earnings in the range of $4.80 to $4.94 per share.

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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 HSIC at https://www.zacks.com/ap/HSIC

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