NYSE$NVST

Envista Holdings Corporation · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported sales and earnings for the fourth quarter of 2022.

Envista Holdings Corporation reported a 1.4% increase in sales to $660.8 million for the fourth quarter of 2022, with core sales growth of 2.3%. Net income was $73.5 million, or $0.42 per diluted share, while adjusted net income was $91.9 million, or $0.52 per diluted share. Adjusted EBITDA for the quarter was $138.3 million.

  • Sales increased by 1.4% to $660.8 million.
  • Core sales growth was 2.3%.
  • Net income reached $73.5 million, or $0.42 per diluted share.
  • Adjusted EBITDA amounted to $138.3 million.

Headline financials

Total Revenue

$661M

Previous: $652M+1.4%
EPS (adj)

$0.52

Previous: $0.46+13.0%
Total Core Sales Growth

2.3%

Previous: 6.6%-65.2%
Capital Expenditures

$16.9M

Previous: $8.7M+94.3%
Free Cash Flow

$93.4M

Previous: $127M-26.6%
Net Income

$73.5M

Previous: $42.5M+72.9%
Operating Income

$88M

Previous: $46.1M+90.9%
Gross Profit

$366M

Previous: $343M+6.7%
Cash & Equivalents

$607M

Previous: $1.07B-43.5%
Total Assets

$6.59B

Previous: $6.57B+0.2%
Stock-Based Comp

$7.4M

Previous: $6.6M+12.1%

Revenue & EPS history

Envista · Revenue · Quarterly

$661M

Q4 2022+1.4%vs Q4 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Envista · $661M total across 2 segments · Q4 2022

  • Specialty Products & Technologies
    $398M+1.7%
  • Equipment & Consumables
    $262M+0.9%

Forward guidance

Envista expects low-single digit core sales growth for 2023 and an adjusted EBITDA margin of >20% for the full year.

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 2022

Historical avgQ4 2022

-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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro