NASDAQ$HSIC

Henry Schein Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported record financial results driven by strong sales growth in PPE and COVID-19-related products.

Henry Schein reported record third quarter financial results, with net sales reaching $2.8 billion, a 13.2% increase compared to the third quarter of 2019. GAAP diluted EPS from continuing operations was $0.99, and non-GAAP diluted EPS from continuing operations was $1.03. The company's performance was driven by sales of PPE and COVID-19-related products.

  • Internal sales growth in local currencies was 13.0%, driven by personal protective equipment and COVID-19-related products.
  • GAAP diluted EPS from continuing operations was $0.99 versus prior-year GAAP diluted EPS from continuing operations of $0.91.
  • Non-GAAP diluted EPS from continuing operations was $1.03 versus prior-year non-GAAP diluted EPS from continuing operations of $0.90.
  • The balance sheet was bolstered by quarterly cash flow from operations of $261.3 million.

Headline financials

Total Revenue

$2.84B

Previous: $2.51B+13.2%
EPS (adj)

$1.03

Previous: $0.90+14.4%
Free Cash Flow

$142M

Previous: $141M+0.8%
Net Income

$142M

Previous: $141M+0.8%
Operating Income

$188M

Previous: $187M+0.3%
Gross Profit

$754M

Previous: $761M-0.9%
Cash & Equivalents

$533M

Previous: $75.3M+608.9%
Total Assets

$7.81B

Previous: $7.1B+10.0%
Stock-Based Comp

$5.71M

Previous: $13.3M-57.2%

Revenue & EPS history

Henry Schein · Revenue · Quarterly

$2.84B

Q3 2020+13.2%vs Q3 2019
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Henry Schein · $2.68B total across 2 segments · Q3 2020

  • Global Dental
    $1.65B+6.7%
  • Global Medical
    $1.03B+27.8%

Forward guidance

Due to the continued uncertainty surrounding the COVID-19 pandemic and its impact on business operations, Henry Schein is not providing financial guidance at this time.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2020

Historical avgQ3 2020

-0.4%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-0.6%

Avg return

30 days after

45%

31 / 69 earnings

Positive

+11.1%

Q4 2021

Best reaction

-8.5%

Q3 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.3%-1.6%+4.6%
Q4 2025+5.8%+2.3%-8.5%
Q3 2025+10.9%+11.2%+13.5%
Q1 2025+2.0%+5.1%+7.8%
Q4 2024-2.3%-7.0%-10.6%
Q3 2024-3.2%-6.0%+0.2%
Q2 2024-5.4%-0.9%+0.4%
Q1 2024+6.2%+7.0%+0.1%
Q4 2023-5.1%-4.6%-6.3%
Q3 2023+7.5%+7.3%+15.5%
Q2 2023-2.8%-1.8%-5.1%
Q1 2023-4.5%-4.2%-6.1%
Q4 2022-6.2%-7.5%-12.8%
Q3 2022+1.8%+6.2%+21.2%
Q2 2022-4.9%-3.8%-7.3%
Q1 2022+7.4%+6.6%+5.6%
Q4 2021+11.1%+10.1%+14.5%
Q3 2021+3.0%+4.5%-6.7%
Q2 2021-4.8%-5.2%-2.3%
Q1 2021+6.6%+8.9%+5.3%
Q4 2020-8.5%-6.5%-5.3%
Q3 2020-5.0%-3.0%+4.6%
Q2 2020-5.3%-4.4%-6.9%
Q1 2020+0.4%+2.9%+20.6%
Q4 2019-8.4%-14.4%-38.9%
Q3 2019+4.4%+4.8%+5.2%
Q2 2019-3.2%-2.3%-4.2%
Q1 2019+8.6%+8.9%+8.6%
Q4 2018-5.0%-5.2%-5.2%
Q3 2018+3.1%+0.8%+3.3%
Q2 2018-0.5%-3.6%+0.5%
Q1 2018-6.1%-4.4%-6.7%
Q4 2017-1.2%-2.1%-5.2%
Q3 2017-8.5%-13.6%-13.0%
Q2 2017-7.7%-7.2%-4.9%
Q1 2017+0.6%+0.3%+5.2%
Q4 2016+2.7%+3.2%+2.0%
Q3 2016+4.6%+6.2%+1.7%
Q2 2016-7.1%-8.4%-8.6%
Q1 2016-2.5%
Q4 2015+7.0%
Q3 2015+1.1%
Q2 2015-1.9%
Q1 2015-0.4%
Q4 2014+0.9%
Q3 2014+5.4%
Q2 2014-1.8%
Q1 2014-1.7%
Q4 2013+0.1%
Q3 2013-2.6%
Q2 2013-0.3%
Q1 2013+2.1%
Q4 2012-2.2%
Q3 2012-0.6%
Q2 2012+1.8%
Q1 2012+2.4%
Q4 2011+3.4%
Q3 2011-6.4%
Q2 2011-2.3%
Q1 2010-2.0%
Q1 2011+0.5%
Q4 2010-3.9%
Q1 2009-3.9%
Q4 2008-3.9%
Q3 2009-4.1%
Q3 2010-4.1%
Q2 2010+2.1%
Q4 2009+2.1%
Q2 2009+2.1%

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