Henry Schein Inc. (HSIC) reported first quarter adjusted net income of $0.98 per share Tuesday morning, which topped the consensus estimate of $0.91. The company also increased its full year EPS forecast to between $4.30 and $4.40, from prior expectations of $4.25 to $4.34. The consensus estimate is for EPS of $4.31.
Henry Schein spiked to the upside in early trade Tuesday, but settled into a range for the majority of the session. Shares finished up by 2.80 at $77.53 on the highest volume of the year. The stock closed challenging resistance at the highs of the year.
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