Investing.com - Henry Schein reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Henry Schein announced earnings per share of $0.97 on revenue of $2.67B. Analysts polled by Investing.com anticipated EPS of $0.91 on revenue of $2.64B. That with comparison to EPS of $1.12 on revenue of $3.38B in the same period a year before. Henry Schein had reported EPS of $0.9 on revenue of $2.51B in the previous quarter. Analysts are expecting EPS of $0.87 and revenue of $2.48B in the upcoming quarter.
Henry Schein shares are up 10.48% from the beginning of the year , still down 0.32% from its 52 week high of $73.95 set on February 19. They are outperforming the Nasdaq which is up 8.6% 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 January 22, who reported EPS of $1.88 on revenue of $20.75B, compared to forecasts EPS of $1.87 on revenue of $20.8B.
Novartis ADR had beat expectations on January 29 with fourth quarter EPS of $1.32 on revenue of $12.4B, compared to forecast for EPS of $1.31 on revenue of $12.33B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar