earnings
confidence high
sentiment negative
materiality 0.70
Envista Q3 adj EPS $0.43, revises FY core sales outlook to slightly down
Envista Holdings Corp
2023-Q3 EPS reported
$0.66
revenue$1,920,900,000
- Reported sales $631.3M, core sales up 0.8% YoY.
- Adjusted diluted EPS $0.43 (vs $0.47 in Q3 2022); GAAP EPS $0.12.
- Adjusted EBITDA $123.5M, margin 19.6% (vs $127.6M in Q3 2022).
- Guidance: FY 2023 core sales now expected down slightly; adj. EBITDA margin 18%-19%.
- Specialty segment grew low-single digit (Spark outperformed); Equip & Consumables declined low-single digit.