The 10-second takeaway
For the quarter ended Dec. 29 (Q4), Henry Schein met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded slightly and GAAP earnings per share increased.
Gross margins shrank, operating margins grew, net margins grew.
Henry Schein reported revenue of $2.41 billion. The 14 analysts polled by S&P Capital IQ wanted to see a top line of $2.40 billion on the same basis. GAAP reported sales were the same as the prior-year quarter's.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.26. The 16 earnings estimates compiled by S&P Capital IQ predicted $1.21 per share. GAAP EPS of $1.26 for Q4 were 9.6% higher than the prior-year quarter's $1.15 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 27.5%, 40 basis points worse than the prior-year quarter. Operating margin was 7.5%, 50 basis points better than the prior-year quarter. Net margin was 4.7%, 20 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $2.25 billion. On the bottom line, the average EPS estimate is $1.09.
Next year's average estimate for revenue is $9.48 billion. The average EPS estimate is $4.85.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 90 members out of 101 rating the stock outperform, and 11 members rating it underperform. Among 33 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 31 give Henry Schein a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Henry Schein is hold, with an average price target of $79.23.
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