Envista: Q1 Earnings Snapshot
By AP News
Published - May 03, 2023, 04:33 PM ET
Last Updated - Jun 21, 2023, 11:15 PM EDT
BREA, Calif. (AP) — BREA, Calif. (AP) — Envista Holdings Corp. (NVST) on Wednesday reported first-quarter profit of $43.8 million.
On a per-share basis, the Brea, California-based company said it had net income of 25 cents. Earnings, adjusted for one-time gains and costs, were 38 cents per share.
The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share.
The maker of dental products posted revenue of $627.2 million in the period, which also missed Street forecasts. Six analysts surveyed by Zacks expected $630.9 million.
