These Analysts Slash Their Forecasts On Henry Schein After Q3 Results

Benzinga ·  11/15/2023 03:16

Henry Schein Inc (NASDAQ:HSIC) posted downbeat sales results for its third quarter on Monday. Henry Schein reported quarterly sales of $3.16 billion, slightly missing the consensus of $3.21 billion. Adjusted EPS of $1.32, up 2.3% Y/Y, in line with the estimate. Henry Schein updated its FY23 adjusted EPS guidance to $4.43-$4.71, reflecting a narrowing of the previous guidance range for the underlying business to $5.18-$5.26 from its previous guidance of $5.18-$5.35, reflecting softening macroeconomic conditions. Henry Schein gained 1.5% to trade at $68.54 on Tuesday. These analysts made changes to their price targets on Henry Schein following earnings announcement. Morgan Stanley cut the price target on Henry Schein

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