Dentsply Sirona Q3 revenue misses estimates as dental segment sales decline
Overview
Dental products maker's Q3 revenue fell 7.6% yr/yr, missing analyst expectations
Adjusted EPS for Q3 dropped 29% yr/yr
Results included a $39 mln one-time inventory accounting benefit, while Wellspect Healthcare posted record quarterly sales
Outlook
Dentsply Sirona updates 2026 net sales outlook to about $3.5 bln
Company expects 2026 adjusted EPS of $1.20-$1.30, excluding a $0.17 one-time tariff refund benefit
Result Drivers
WELLSPECT HEALTHCARE - Co achieved record quarterly sales for Wellspect Healthcare, with 10.1% as-reported growth
INDUSTRY CONDITIONS - Co said challenging industry-wide conditions weighed on results, per CEO Dan Scavilla
BROAD-BASED SALES DECLINE - Constant-currency sales fell 7%, with declines across Connected Technology, Essential Dental and Orthodontic and Implant Solutions
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Miss | $836 mln | $862 mln (14 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 13 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy."
Wall Street's median 12-month price target for DENTSPLY SIRONA Inc. is $12.00, about 12.7% above its November 4 closing price of $10.65
The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 9 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)