BREA, Calif.( AP )– Envista Holdings Corp. (NVST) on Thursday reported third-quarter profit of $35.6 million.
On a per-share basis, the Brea, California-based company stated it had net income of 22 cents. Incomes, adjusted for one-time gains and expenses, concerned 48 cents per share.
The outcomes beat Wall Street expectations. The typical quote of eight analysts surveyed by Zacks Financial investment Research was for earnings of 9 cents per share.
The maker of oral products published earnings of $640.5 million in the duration, likewise topping Street projections. 6 analysts surveyed by Zacks expected $509.2 million.
Envista shares have actually dropped 16% considering that the beginning of the year. In the final minutes of trading on Thursday, shares struck $24.93, a fall of 19% in the last 12 months.
———- Source: smdailyjournal.com