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Tempe, Arizona-based Align Technology, Inc. (ALGN) designs, manufactures, and markets Invisalign clear aligners, and iTero intraoral scanners and services for orthodontists and general practitioner dentists. Valued at $17.9 billion by market cap, the company also manufactures software for dental laboratories and dental practitioners. The leading manufacturer of clear aligners is expected to announce its fiscal third-quarter earnings for 2024 after the market closes on Wednesday, Oct. 23.
Ahead of the event, analysts expect ALGN to report a profit of $1.89 per share on a diluted basis, up 16.7% from $1.62 per share in the year-ago quarter. The company beat the consensus estimates in two of the last four quarters while missing the forecast on two other occasions.