LOGO
LOGO

Quick Facts

DENTSPLY International Q2 Profit Rises - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

DENTSPLY International Inc. (XRAY) posted second-quarter net income attributable to the company of $80.8 million or $0.56 per share versus $74.2 million or $0.52 per share last year. On an adjusted basis, excluding certain non-GAAP items, earnings increased to $0.62 per share from $0.56 per share in the prior year.

Net sales improved 25.2% to $763 million from $609.4 million in the second quarter of 2011. Net sales, excluding precious metals content, climbed to $698.5 million from $564 million in the prior year.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.56 per share on revenues of $744.96 million for the quarter. Analysts' estimates typically exclude special items.

Bret Wise, chairman and chief executive officer, said, "DENTSPLY continued to deliver strong results in the second quarter with record sales and earnings, and solid sequential improvement in operating margins. Our business continues to perform well, particularly in light of macroeconomic issues in the U.S. and Europe and a significant weakening of the euro during the quarter. In light of the recent trading range of the euro, we are updating our full year adjusted earnings expectations to a range of $2.18 to $2.24 from the prior range of of $2.22 to $2.30 per diluted share."

Analysts expect the company to earn $2.24 per share for the year.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19