Envista Holdings Corporation (NVST) reported adjusted earnings per share (EPS) of 26 cents in first-quarter 2024, down 31.6% year over year. The bottom line missed the Zacks Consensus Estimate by 16.1%.The adjustments include charges and benefits related to the amortization of acquired intangible assets, restructuring costs and asset impairment, among others.The company’s GAAP EPS was 14 cents in the quarter compared with the year-ago quarter’s figure of 25 cents.Revenues in DetailRevenues totaled $623.6 mi ...

Stephen Keller - Principal Financial Officer Amir Aghdaei - President and Chief Executive Officer Paul Keel - President and Chief Executive Officer Envista Holdings Corporation (NYSE:NVST) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Elizabeth Anderson - Evercore Jonathan Block - Stifel Jeffrey Johnson - Baird Kevin Caliendo - UBS Brandon Vazquez - William Blair Nathan Rich - Goldman Sachs My name is David and I'll be your conference call facilitator this afternoon. At this time, I'd like to welc ...

Envista (NVST) reported $623.6 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 0.6%. EPS of $0.26 for the same period compares to $0.38 a year ago.The reported revenue represents a surprise of -0.87% over the Zacks Consensus Estimate of $629.06 million. With the consensus EPS estimate being $0.31, the EPS surprise was -16.13%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine the ...

Envista (NVST) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -16.13%. A quarter ago, it was expected that this maker of dental products would post earnings of $0.33 per share when it actually produced earnings of $0.29, delivering a surprise of -12.12%.Over the last four quarters, t ...

Envista Reports First Quarter 2024 Results Exhibit 99.1 Brea, California, May 1, 2024 – Envista Holdings Corporation (NYSE: NVST) today announced results for the first quarter of 2024. For the quarter ended March 29, 2024, reported sales were $623.6 million. Core sales in the quarter increased 0.4% over the corresponding quarter in 2023. For the first quarter of 2024, net income was $23.6 million or $0.14 per diluted share. During the same period, adjusted net income was $45.8 million or $0.26 per diluted s ...

BREA, Calif., April 15, 2024 /PRNewswire/ -- Envista Holdings Corporation (NYSE: NVST) announced today the appointment of Paul Keel as Chief Executive Officer and a member of the Board of Directors effective May 1, 2024. He succeeds Amir Aghdaei, who will continue to support the transition as a senior advisor. "Paul's strong track record as CEO of a public, diversified, global innovation company makes him the right leader for Envista at this stage in our growth journey," said Scott Huennekens, chairman of E ...

BREA, Calif., April 11, 2024 /PRNewswire/ -- Envista Holdings Corporation (NYSE: NVST) ("Envista") announced today that the Envista Smile Project (Smile Project) donated $1.2 million in 2023 as part of the non-profit's commitment to expanding and improving access to oral health for those in need.  Donations in 2023, which include contributions from Envista employees, more than doubled over 2022. Since its founding in 2021, the Envista Smile Project has provided more than $2.2 million in value of goods and s ...

BREA, Calif., April 4, 2024 /PRNewswire/ -- Envista Holdings Corporation (NYSE: NVST) ("Envista") will report financial results for its first quarter 2024 on Wednesday, May 1, 2024. Envista will discuss these results on a conference call on the same day beginning at 2:00 PM PT and lasting approximately one hour.  The call and the accompanying slide presentation will be webcast on the "Investors" section of Envista's website, www.envistaco.com. A replay of the webcast will be available shortly after the conc ...

Envista Corporation (NVST) continues to suffer due to unfavorable currency movement. Strong competitors also pose a tough challenge for the company. The stock has a Zacks Rank #5 (Strong Sell) currently.Envista has been grappling with deteriorating international trade, with global inflationary pressure leading to a challenging situation related to raw material and labor costs as well as freight charges and rising interest rates. All these are creating significant pressure on the company’s profitability.Addi ...

BREA, Calif., Feb. 26, 2024 /PRNewswire/ -- Envista Holdings Corporation (NYSE: NVST) announced today that the Board of Directors and CEO Amir Aghdaei are formally launching a process to determine a successor for CEO. The Board of Directors has formed a search committee and retained an executive search firm to find qualified external candidates to lead the next phase of Envista. This process is expected to be completed this year. Mr. Aghdaei will remain President and CEO until his successor is appointed. "A ...