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Henry Schein Inc. Q1 adjusted earnings Beat Estimates

Henry Schein Inc. (HSIC) released earnings for its first quarter that rose from the same period last year.

The company's bottom line came in at $166.00 million, or $1.16 per share. This compares with $130.26 million, or $0.91 per share, in last year's first quarter.

Excluding items, Henry Schein Inc. reported adjusted earnings of $177.74 million or $1.24 per share for the period.

Analysts had expected the company to earn $0.84 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 20.2% to $2.92 billion from $2.43 billion last year.

Henry Schein Inc. earnings at a glance:

-Earnings (Q1): $177.74 Mln. vs. $134.13 Mln. last year.
-EPS (Q1): $1.24 vs. $0.94 last year.
-Analysts Estimate: $0.84
-Revenue (Q1): $2.92 Bln vs. $2.43 Bln last year.

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