NYSE$NVST
Envista Holdings Corporation · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Envista's sales increased and net income was reported for the fourth quarter and fiscal year 2021.
Envista Holdings Corporation reported a 5.8% increase in sales to $651.8 million for the fourth quarter ended December 31, 2021, with core sales growth of 6.6%. Net income for the quarter was $42.5 million, or $0.24 per diluted share, while adjusted earnings per diluted share was $0.46. The company expects to deliver core growth of between 6-8% and deliver a full year adjusted EBITDA margin of >20% for 2022.
- Sales increased 5.8% to $651.8 million.
- Core sales growth was 6.6%.
- Net income was $42.5 million, or $0.24 per diluted share.
- Adjusted earnings per diluted share was $0.46.
Headline financials
Revenue & EPS history
Envista · Revenue · Quarterly
$652M
Revenue by segment
Envista · $652M total across 2 segments · Q4 2021
- Specialty Products & Technologies$392M+14.1%60.1%
- Equipment & Consumables$260M-33.2%39.9%
Forward guidance
For 2022, barring any significant COVID related disruptions, the company expects to deliver core growth of between 6-8% and deliver a full year adjusted EBITDA margin of >20%.
Tailwinds
- Expect to deliver core growth of between 6-8%.
- Deliver a full year adjusted EBITDA margin of >20%.
- Focused on the faster growing, most attractive segments of the dental industry.
- Actively partnering with Dental Service Organizations as they improve access to oral care.
- Long-term positioned as the partner of choice for this fast-growing customer segment.
Headwinds
- Guidance does not reflect the impact of the pending acquisition of Carestream Dental’s IOS business.
- Significant COVID related disruptions
- Global supply chain disruptions
- Potential staffing shortages
- Impact of debt obligations on operations and liquidity
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 2021
-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
| Quarter | Report date | Reaction (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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