Align Technology IncBeat revenue estimates but stock dropped 6.3% after earnings, indicating market disappointment.
The four dental equipment and technology stocks tracked by StockStory reported strong first-quarter results, with aggregate revenues beating analysts' consensus estimates by 3% while next-quarter revenue guidance was in line. Dentsply Sirona posted flat revenue of $880 million, exceeding expectations by 4.8%, but its stock fell 10% since reporting. Envista delivered the fastest revenue growth among its peers at 14.4% to $705.5 million, yet shares declined 6.7%. Henry Schein, the weakest performer against estimates, saw revenue rise 6.3% to $3.37 billion and its stock gained 11.2%. Align Technology reported a 6.2% revenue increase to $1.04 billion, beating estimates, but its stock dropped 6.3%. On average, share prices across the group are down 2.9% since the latest earnings results.
Align Technology IncBeat revenue estimates but stock dropped 6.3% after earnings, indicating market disappointment.
Henry Schein IncRevenue rose 6.3% to $3.37B, beating estimates, and stock gained 11.2%.
Envista Holdings CorpFastest revenue growth at 14.4% but shares declined 6.7% after earnings.
Dentsply Sirona IncFlat revenue of $880M beat expectations by 4.8% but stock fell 10% since reporting.