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Dentsply Sirona beats Q1 top and bottom line estimates; raises FY23 outlook

May 03, 2023 6:06 AM ETDENTSPLY SIRONA Inc. (XRAY)By: Meghavi Singh, SA News Editor
  • Dentsply Sirona press release (NASDAQ:XRAY): Q1 Non-GAAP EPS of $0.39 beats by $0.05.
  • Revenue of $978M (+1.3% Y/Y) beats by $39.84M.
  • Outlook: Raising low-end of FY23 net sales outlook by $50 million to a new range of $3.90 billion to $3.95 billion, and flat to up 2% on an organic sales basis and low-end of organic sales growth outlook by 100 basis points vs. consensus of $3.93B.
  • Raising low-end of FY23 adjusted EPS outlook by $0.05 to a new range of $1.85 to $2.00 vs. consensus of $1.89.

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