What You Need to Know Ahead of Henry Schein's Earnings Release

Henry Schein, Inc. (HSIC), headquartered in Melville, New York, provides health care products and services to dental practitioners, laboratories, physician practices, and ambulatory surgery centers, government, institutional health care clinics, and other alternate care clinics. Valued at $9.2 billion by market cap, the company provides shop supplies, as well as dental and medical solutions and services to improve operational success and clinical outcomes. The world’s largest health care solutions provider is expected to announce its fiscal third-quarter earnings for 2024 before the market opens on Tuesday, Nov. 5.

Ahead of the event, analysts expect HSIC to report a profit of $1.17 per share on a diluted basis, down 11.4% from $1.32 per share in the year-ago quarter. The company beat or matched the consensus estimates in three of the last four quarters while missing the forecast on another occasion.