Henry Schein (HSIC) Releases Earnings Results, Beats Expectations By $0.01 EPS

Henry Schein (HSIC) reported quarterly earnings results on Thursday, Aug-4-2016. The company said it had a profit of $1.64 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $1.63. The company posted revenue of $2872.60 million in the period, compared to analysts expectations of $2845.09 million. The company’s revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.46 EPS.

Henry Schein closed down -0.19 points or -0.11% at $179.95 with 3,66,517 shares getting traded on Tusday. Post opening the session at $180.11, the shares hit an intraday low of $178.83 and an intraday high of $180.225 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.

In a different news, on Jun 3, 2016, Gerald A Benjamin (EVP, Chief Admin. Officer) sold 9,991 shares at $175.07 per share price. According to the SEC, on May 25, 2016, Paul Brons (director) sold 3,282 shares at $169.91 per share price. On May 17, 2016, James A. Harding (SVP, Chief Technology Officer) sold 10,302 shares at $172.60 per share price, according to the Form-4 filing with the securities and exchange commission.

Henry Schein Inc. provides health care products and services to office-based dental animal health and medical practitioners. The Company operates its business through two segments: health care distribution and technology and value-added services. The health care distribution segment distributes consumable products laboratory products equipment repair services branded and generic pharmaceuticals vaccines surgical products diagnostic tests infection-control products and vitamins among others. The Company’s global technology and value-added services segment provides software technology and other value-added services to health care practitioners. Its offerings include practice management software systems for dental and medical practitioners and animal health clinics. Its value-added practice solutions include financial services on a non-recourse basis e-services practice technology network and hardware services as well as continuing education services for practitioners.

Henry Schein

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