Envista Holdings Corp reports results for the quarter ended September 30 - Earnings Summary

• Envista Holdings Corp NVST.N reported quarterly adjusted earnings of 32 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 28 cents per share. Wall Street expected results to range from 24 cents to 32 cents per share.

• Revenue rose 11.5% to $669.90 million from a year ago; analysts expected $640.77 million.

• Envista Holdings Corp's reported EPS for the quarter was a loss of 18 cents​.

• The company reported a quarterly loss of $30.3 million.

• Envista Holdings Corp shares had fallen by 1.9% this quarter and gained 3.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 7.3% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy."

• Wall Street's median 12-month price target for Envista Holdings Corp is $22.00, about 8.5% above its last closing price of $20.14

This summary was machine generated from LSEG data October 30 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)