Henry Schein
Delayed Nasdaq - 10/15 10:00:00 pm

Henry Schein : misses 3Q profit forecasts

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11/06/2017 | 01:36 pm

MELVILLE, N.Y. (AP) _ Henry Schein Inc. (HSIC) on Monday reported third-quarter net income of $138 million.

The Melville, New York-based company said it had profit of 87 cents per share.

The results fell short of Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 90 cents per share.

The health care products maker posted revenue of $3.16 billion in the period, surpassing Street forecasts. Eight analysts surveyed by Zacks expected $3.05 billion.

Henry Schein expects full-year earnings in the range of $3.59 to $3.61 per share.

Henry Schein shares have increased slightly more than 2 percent since the beginning of the year. The stock has risen slightly in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HSIC at https://www.zacks.com/ap/HSIC

Automated Insights, source Associated Press News

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