NASDAQ$XRAY
Dentsply Sirona Inc. · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Dentsply Sirona's financial performance remained relatively stable, with net sales flat year-over-year and adjusted EPS increasing due to cost reductions.
Dentsply Sirona reported flat net sales of $947 million year-over-year in Q3 2023. The company experienced a GAAP net loss of $266 million, or $1.25 per share, but adjusted EPS increased to $0.49. The company is revising its full-year outlook to organic sales growth of approximately 1% and adjusted EPS of $1.80 to $1.85.
- Net sales were $947 million, flat year-over-year, with a (0.3%) decrease in organic sales.
- GAAP net loss was ($266) million, or ($1.25) per share.
- Adjusted EPS was $0.49, compared to $0.41 in the third quarter of 2022.
- The company expects to repurchase $150 million of its common stock in Q4 2023.
Headline financials
Revenue & EPS history
Dentsply Sirona · Revenue · Quarterly
$947M
Forward guidance
The company is revising its 2023 outlook, anticipating organic sales growth of approximately 1%, with net sales in the range of $3.90 billion to $3.94 billion. Adjusted EPS is expected to be in the range of $1.80 to $1.85.
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 2023
-0.6%
Avg return
Earnings day
-1.8%
Avg return
5 days after
-2.1%
Avg return
30 days after
42%
30 / 72 earnings
Positive
+16.6%
Q4 2018
Best reaction
-25.5%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.6% | -1.7% | -11.7% | |
| Q4 2025 | +15.3% | +5.7% | -9.8% | |
| Q3 2025 | -12.8% | -13.0% | -10.9% | |
| Q2 2025 | -3.1% | -4.6% | +6.9% | |
| Q1 2025 | +16.3% | +21.3% | +16.5% | |
| Q4 2024 | -8.8% | -17.1% | -20.6% | |
| Q3 2024 | -25.5% | -25.9% | -20.4% | |
| Q1 2024 | -6.3% | -6.4% | -7.2% | |
| Q4 2023 | -0.1% | -0.1% | -0.3% | |
| Q3 2023 | -5.3% | -7.9% | +5.5% | |
| Q2 2023 | -5.1% | -4.5% | -9.4% | |
| Q1 2023 | -3.0% | -1.9% | -7.9% | |
| Q4 2022 | +8.1% | +12.1% | +11.6% | |
| Q3 2022 | -2.2% | -2.9% | +0.0% | |
| Q2 2022 | +3.4% | +18.0% | +9.6% | |
| Q1 2022 | -4.0% | -2.6% | -0.4% | |
| Q4 2021 | -7.4% | -10.4% | -15.6% | |
| Q3 2021 | -5.8% | -5.8% | -14.4% | |
| Q2 2021 | -6.2% | -9.4% | -2.9% | |
| Q1 2021 | +1.3% | -1.2% | -1.9% | |
| Q4 2020 | +11.7% | +13.1% | +20.2% | |
| Q3 2020 | -4.9% | +10.1% | +11.7% | |
| Q2 2020 | -3.2% | -2.2% | -4.5% | |
| Q1 2020 | -1.8% | -9.1% | +22.2% | |
| Q4 2019 | -4.1% | -9.2% | -24.2% | |
| Q3 2019 | +3.3% | +1.0% | +4.4% | |
| Q2 2019 | -3.5% | -3.4% | -2.3% | |
| Q1 2019 | +6.3% | +6.7% | +4.6% | |
| Q4 2018 | +16.6% | +14.3% | +18.8% | |
| Q3 2018 | -1.2% | +0.5% | -0.5% | |
| Q2 2018 | -16.6% | -19.4% | -19.7% | |
| Q1 2018 | -6.1% | -6.1% | -15.4% | |
| Q4 2017 | +1.6% | +0.6% | -10.3% | |
| Q3 2017 | +4.4% | +5.5% | +8.0% | |
| Q2 2017 | -9.6% | -11.6% | -4.8% | |
| Q1 2017 | -4.4% | -5.8% | -3.0% | |
| Q4 2016 | +2.9% | +2.6% | +4.1% | |
| Q3 2016 | +2.6% | +2.8% | -4.4% | |
| Q2 2016 | -4.4% | -3.8% | -3.1% | |
| Q1 2016 | +0.0% | — | — | |
| Q4 2015 | -1.4% | — | — | |
| Q3 2015 | +2.7% | — | — | |
| Q2 2015 | +5.9% | — | — | |
| Q1 2015 | -2.6% | — | — | |
| Q4 2014 | -0.2% | — | — | |
| Q3 2014 | +5.3% | — | — | |
| Q2 2014 | -2.0% | — | — | |
| Q1 2014 | +0.5% | — | — | |
| Q4 2013 | -3.4% | — | — | |
| Q3 2013 | +4.0% | — | — | |
| Q2 2013 | +0.2% | — | — | |
| Q1 2013 | -3.5% | — | — | |
| Q4 2012 | -5.0% | — | — | |
| Q3 2012 | +1.2% | — | — | |
| Q2 2012 | -3.0% | — | — | |
| Q1 2012 | -1.9% | — | — | |
| Q4 2011 | +2.0% | — | — | |
| Q3 2011 | +3.7% | — | — | |
| Q2 2011 | +1.2% | — | — | |
| Q1 2011 | +1.4% | — | — | |
| Q4 2010 | -0.6% | — | — | |
| Q3 2010 | -5.3% | — | — | |
| Q2 2010 | +1.9% | — | — | |
| Q1 2009 | -0.3% | — | — | |
| Q1 2010 | -0.9% | — | — | |
| Q4 2007 | -0.3% | — | — | |
| Q4 2009 | -0.3% | — | — | |
| Q3 2009 | -2.9% | — | — | |
| Q3 2008 | -2.9% | — | — | |
| Q4 2008 | +7.7% | — | — | |
| Q2 2008 | +7.7% | — | — | |
| Q2 2009 | +7.7% | — | — |
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