Dentsply Sirona (NASDAQ:XRAY) reported its Q1 earnings results on Tuesday, May 10, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Dentsply Sirona missed estimated earnings by 7.14%, reporting an EPS of $0.52 versus an estimate of $0.56.
Revenue was down $62.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 0.41% increase in the share price the next day.
Here's a look at Dentsply Sirona's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.79 | 0.65 | 0.65 | 0.56 |
| EPS Actual | 0.76 | 0.68 | 0.71 | 0.72 |
| Revenue Estimate | 1.13B | 1.03B | 1.01B | 948.71M |
| Revenue Actual | 1.09B | 1.07B | 1.07B | 1.03B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Dentsply Sirona management provided guidance for Q1 2022, expecting earnings between $0.48 and $0.52 per share.
To track all earnings releases for Dentsply Sirona visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
