MELVILLE, N.Y. (AP) — MELVILLE, N.Y. (AP) — Henry Schein Inc. (HSIC) on Tuesday reported first-quarter net income of $107 million.
The Melville, New York-based company said it had profit of 92 cents per share. Earnings, adjusted for amortization costs and non-recurring costs, came to $1.32 per share.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.
The health care products maker posted revenue of $3.37 billion in the period, also beating Street forecasts. Eight analysts surveyed by Zacks expected $3.33 billion.
Henry Schein expects full-year earnings in the range of $5.23 to $5.37 per share.
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