MELVILLE, N.Y. (AP) — MELVILLE, N.Y. (AP) — Henry Schein Inc. (HSIC) on Tuesday reported second-quarter net income of $86 million.
On a per-share basis, the Melville, New York-based company said it had profit of 70 cents. Earnings, adjusted for costs related to mergers and acquisitions and restructuring costs, came to $1.10 per share.
The results fell short of Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.18 per share.
The health care products maker posted revenue of $3.24 billion in the period, exceeding Street forecasts. Nine analysts surveyed by Zacks expected $3.22 billion.
Henry Schein expects full-year earnings in the range of $4.80 to $4.94 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HSIC at https://www.zacks.com/ap/HSIC
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