Stock Analysis

DENTSPLY SIRONA Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

NasdaqGS:XRAY
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DENTSPLY SIRONA (NASDAQ:XRAY) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$951.0m (flat on 3Q 2023).
  • Net loss: US$494.0m (loss widened by 86% from 3Q 2023).
  • US$2.46 loss per share (further deteriorated from US$1.26 loss in 3Q 2023).
earnings-and-revenue-growth
NasdaqGS:XRAY Earnings and Revenue Growth November 9th 2024

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

DENTSPLY SIRONA Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Medical Equipment industry in the US.

Performance of the American Medical Equipment industry.

The company's shares are down 24% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for DENTSPLY SIRONA that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.