Overview
Dental equipment supplier Envista's Q3 sales of $670 mln beat analyst expectations, with 9.4% core sales growth YoY
Adjusted EPS for Q3 202 exceeds analysts' estimates, up 167% YoY
Company repurchased 2.1 mln shares for $41 mln during Q3 2025
Outlook
Company raises full-year core sales growth guidance to ~4% from 3% to 4%
Envista maintains 2025 adjusted EBITDA margin guidance at ~14%
Company raises full-year adjusted EPS guidance to $1.10-$1.15 from $1.05-$1.15
Result Drivers
NEW PRODUCT LAUNCHES - Co attributes positive growth in all major businesses to several new product launches
SPARK ALIGNERS - Spark aligners captured market share and achieved profitability, contributing to overall growth
ENVISTA BUSINESS SYSTEM - Ongoing contributions from the Envista Business System supported operational improvements
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Sales | Beat | $669.9 mln | $637.5 mln (13 Analysts) |
Q3 Adjusted Net Income | $54 mln | ||
Q3 Adjusted EBITDA | $97 mln | ||
Q3 Gross Profit | $370.2 mln | ||
Q3 Operating Profit | $57.5 mln |
Analyst Coverage
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 9.2% above its October 29 closing price of $19.98
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 18 three months ago
Press Release: ID:nPn5367Q8a
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)