Dentsply Sirona Inc Q1 Profit Increases, Beats Estimates

(RTTNews) - Dentsply Sirona Inc (XRAY) reported earnings for its first quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $20 million, or $0.10 per share. This compares with $18 million, or $0.09 per share, last year.

Excluding items, Dentsply Sirona Inc reported adjusted earnings of $87 million or $0.43 per share for the period.

Analysts on average had expected the company to earn $0.30 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 7.8% to $879 million from $953 million last year.

Dentsply Sirona Inc earnings at a glance (GAAP) :

-Earnings: $20 Mln. vs. $18 Mln. last year. -EPS: $0.10 vs. $0.09 last year. -Revenue: $879 Mln vs. $953 Mln last year.

-Guidance: Full year EPS guidance: $1.80 - $2.00 Full year revenue guidance: $3.60 - $3.70 Bln