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 , still down 29.06% from its 52 week high of $73.99 set on February 19. 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 April 14, 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 April 28 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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