Investing.com - Dentsply reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Dentsply announced earnings per share of $0.52 on revenue of $965M. Analysts polled by Investing.com anticipated EPS of $0.5759 on revenue of $997.34M.
Dentsply shares are down 29% from the beginning of the year, still down 43.54% from its 52 week high of $69.50 set on May 10, 2021. They are under-performing the Nasdaq which is down 25.71% from the start of the year.
Dentsply follows other major Healthcare sector earnings this month
Dentsply's report follows an earnings beat by J&J on April 19, who reported EPS of $2.67 on revenue of $23.43B, compared to forecasts EPS of $2.59 on revenue of $23.62B.
UnitedHealth had beat expectations on April 14 with first quarter EPS of $5.49 on revenue of $80.15B, compared to forecast for EPS of $5.36 on revenue of $78.73B.
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