Envista Holdings Corporation reports results for the quarter ended September 30 - Earnings Summary

• Envista Holdings Corporation NVST.N reported quarterly adjusted earnings of 40 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 32 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 36 cents per share. Wall Street expected results to range from 34 cents to 38 cents per share.

• Revenue rose 3.2% to $691.50 million from a year ago; analysts expected $688.73 million.

• Envista Holdings Corporation's reported EPS for the quarter was $3.11​.

• The company reported quarterly net income of $508.3 million.

• Envista Holdings Corporation shares had risen by 5.5% this quarter and gained 14.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell." The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"

• Wall Street's median 12-month price target for Envista Holdings Corporation is $28.00, about 2.9% above its last closing price of $27.19

This summary was machine generated from LSEG data November 4 at 11:29 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)