logo
Share SHARE
FONT-SIZE Plus   Neg

DENTSPLY Int'l. Q1 GAAP Profit Slips, Adj. EPS Up - Quick Facts

DENTSPLY International Inc. (XRAY) posted lower first-quarter net income attributable to the company of $53.3 million, or $0.37 per share, compared with $69.1 million, or $0.48 per share in the prior-year quarter.

However, excluding non-GAAP items, quarterly adjusted earnings per share were $0.52, higher than $0.50 a year earlier. On average, 14 analysts polled by Thomson Reuters expected earnings per share of $0.52 for the quarter. Analysts' estimates typically exclude one-time items.

Net sales in the recent quarter increased 25.6% to $716.4 million from $570.5 million last year, whereas 10 analysts estimated revenues of $718.72 million for the quarter. Net sales, excluding precious metals content, of $665.6 million went up 26.3% from $527.0 million in the first quarter of 2011. Constant currency net sales growth, excluding precious metals content, was 28.3%, driven largely by acquisitions, but also supported by internal sales growth, which was notably strong in the U.S.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
GoPro has just launched a facile camera, its smallest and lightest yet, as the action-camera sports maker seeks to further entice its adventure-seeking consumers. Oreo, the popular two chocolate wafers with a sweet crème filling in between has now got a new look. With about half the width of the regular Oreo, the new Oreo Thins will be thinner and slightly reduced in calorie. It will be available from July 13 with no change in its cookie taste and price tag. The Justice Department has initiated a probe to find out if airlines are colluding to limit seating capacity in order to benefit from higher airfares.
comments powered by Disqus
RELATED NEWS
Trade XRAY now with 
Follow RTT