Henry Schein Third Quarter 2024 Earnings: Misses Expectations

Henry Schein (NASDAQ:HSIC) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$3.17b (flat on 3Q 2023).
• Net income: US$99.0m (down 28% from 3Q 2023).
• Profit margin: 3.1% (down from 4.3% in 3Q 2023).
• EPS: US$0.79 (down from US$1.05 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Henry Schein Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 12%.

Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Healthcare industry in the US.

Performance of the American Healthcare industry.

The company's shares are down 2.0% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Henry Schein you should know about.

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