NYSE$NVST

Envista Holdings Corporation · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Envista's Q4 2019 results were announced, showcasing strong earnings and operating margins despite a decrease in sales. The company also initiated its 2020 guidance.

Envista Holdings Corporation reported Q4 2019 results with net earnings of $56 million, or $0.35 per diluted share, and adjusted earnings of $85 million, or $0.52 per share. Sales for the quarter were $721 million, a 5.0% decrease year-over-year, with core sales declining 3.5%.

  • Net earnings were $56 million, or $0.35 per diluted share.
  • Adjusted earnings were $85 million, or $0.52 per share.
  • Sales for the fourth quarter were $721 million, a 5.0% decrease as compared to the same period year-over-year.
  • Core sales declined 3.5% over the same period.

Headline financials

Total Revenue

$721M

Previous: $2.84B-74.7%
EPS (adj)

$0.52

Previous: $0.40+30.0%
Total Core Sales Growth

-3.5%

No prior period
Capital Expenditures

$15.9M

Previous: $32M-50.3%
Free Cash Flow

$171M

Previous: $158M+8.6%
Net Income

$56M

Previous: $51.2M+9.4%
Operating Income

$78M

Previous: $67.6M+15.4%
Gross Profit

$389M

Previous: $422M-7.8%
Cash & Equivalents

$211M

No prior period
Total Assets

$6.16B

Previous: $5.84B+5.4%
Stock-Based Comp

$18.4M

No prior period

Revenue & EPS history

Envista · Revenue · Quarterly

$721M

Q4 2019-74.7%vs Q4 2018
Beat estimate in 7 of 9 quarters(78%)
ActualEstimate

Revenue by segment

Envista · $721M total across 2 segments · Q4 2019

  • Equipment & Consumables
    $392M-4.9%
  • Specialty Products & Technologies
    $329M-5.3%

Forward guidance

For the full year 2020, the Company anticipates that earnings per share will be in the range of $1.21 to $1.31 and adjusted earnings per share will be in the range of $1.63 to $1.73.

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 Q4 2019

Historical avgQ4 2019

-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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