Investing.com - Henry Schein (NASDAQ:HSIC) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Henry Schein announced earnings per share of $0.94 on revenue of $2.43B. Analysts polled by Investing.com anticipated EPS of $0.75 on revenue of $2.33B. That with comparison to EPS of $0.8 on revenue of $2.36B in the same period a year before.Henry Schein had reported EPS of $0.97 on revenue of $2.67B in the previous quarter.Analysts are expecting EPS of $0.5 and revenue of $2.09B in the upcoming quarter.
Henry Schein shares are down 21% from the beginning of the year and are trading at $52.49 , down-from-52-week-high.They are under-performing the Nasdaq which is down 3.64% year to date.
Henry Schein follows other major Healthcare sector earnings this month
Henry Schein's report follows an earnings beat by J&J on Tuesday, April 14, 2020, who reported EPS of $2.3 on revenue of $20.69B, compared to forecasts EPS of $2.02 on revenue of $19.73B.
Novartis ADR had beat expectations on Tuesday, April 28, 2020 with first quarter EPS of $1.56 on revenue of $12.28B, compared to forecast for EPS of $1.39 on revenue of $12B.
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