NYSE$NVST

Envista Holdings Corporation · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Envista's financial performance showed resilience with net income of $35.6 million and adjusted EBITDA significantly increased.

Envista Holdings Corporation reported Q3 2020 results with net income of $35.6 million, or $0.22 per share. Sales were $640.5 million, a 2.9% decrease year-over-year, but showed a 76.9% sequential improvement from Q2 2020. Free cash flow increased by 70.3% compared to the same period in 2019.

  • Net income was $35.6 million, or $0.22 per share.
  • Sales reached $640.5 million, a 2.9% decrease year-over-year.
  • Free cash flow increased 70.3% compared to Q3 2019, reaching $134.9 million.
  • Adjusted EBITDA increased 18.6% compared to the same period in 2019, totaling $131.9 million.

Headline financials

Total Revenue

$641M

Previous: $659M-2.9%
EPS (adj)

$0.48

Previous: $0.47+2.1%
Total Core Sales Growth

-1.2%

No prior period
Capital Expenditures

-$34.6M

Previous: -$61.9M+44.1%
Free Cash Flow

$1M

Previous: $200K+400.0%
Net Income

$35.6M

Previous: $62.1M-42.7%
Operating Income

$69.4M

Previous: $78.7M-11.8%
Gross Profit

$341M

Previous: $367M-7.2%
Cash & Equivalents

$701M

Previous: $193M+262.7%
Total Assets

$6.61B

Previous: $6.12B+8.0%

Revenue & EPS history

Envista · Revenue · Quarterly

$641M

Q3 2020-2.9%vs Q3 2019
Beat estimate in 7 of 9 quarters(78%)
ActualEstimate

Revenue by segment

Envista · $641M total across 2 segments · Q3 2020

  • Equipment & Consumables
    $324M-5.2%
  • Specialty Products & Technologies
    $317M-0.3%

Forward guidance

Envista did not provide specific forward guidance in this earnings report.

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

-0.1%

Avg return

Earnings day

+1.6%

Avg return

5 days after

-0.8%

Avg return

30 days after

48%

16 / 33 earnings

Positive

+17.8%

Q4 2025

Best reaction

-9.7%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.5%-10.3%-14.7%
Q4 2025+17.8%+22.5%+8.7%
Q3 2025-0.2%+0.0%+3.8%
Q1 2025+3.8%+3.1%+11.8%
Q4 2024+5.9%+2.2%-10.4%
Q3 2024+11.6%+13.3%+18.6%
Q2 2024+4.7%+2.9%+10.7%
Q1 2024+0.7%-3.2%-1.6%
Q4 2023-8.5%-7.0%-13.4%
Q3 2023-8.7%-8.3%+2.7%
Q2 2023+0.8%+2.8%-4.8%
Q1 2023-6.4%-7.1%-12.0%
Q4 2022-3.0%-3.5%-9.8%
Q3 2022+2.8%+3.4%+4.0%
Q2 2022+1.3%+1.4%-11.3%
Q1 2022+7.5%+5.4%+6.2%
Q4 2021+8.7%+8.0%+3.9%
Q3 2021+5.4%+6.1%-3.9%
Q2 2021-7.5%-6.1%+0.3%
Q1 2021+2.1%+3.1%-4.1%
Q4 2020+2.2%+3.6%+4.7%
Q3 2020+7.8%+9.9%+20.4%
Q2 2020-3.8%+0.4%+5.2%
Q1 2019-9.7%-8.9%+10.7%
Q1 2020-9.7%-8.9%+10.7%
Q4 2019-6.5%-8.1%-19.8%
Q4 2018-3.2%+5.3%-5.9%
Q4 2017-3.2%+5.3%-5.9%
Q3 2018-3.2%+5.3%-5.9%
Q3 2019-3.2%+5.3%-5.9%
Q2 2019-3.2%+5.3%-5.9%
Q2 2018-3.2%+5.3%-5.9%
Q1 2018-3.2%+5.3%-5.9%

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