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Dentsply's a mixed bag in Q3

Mon, 10/29/2012 - 8:45am
Mass Device

Dentsply's Q3 earnings slide nearly 12% on revenues that grew more than 12%.

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Dentsply International (NSDQ:XRAY) reported a 12.3% increase in sales during the 3 months ended Sept. 30, 2012, but saw a 11.9% decline in net income.

The York, Pa.-based dental consumables maker posted $53.4 million in net income, or 37¢ per share, on sales of $695.7 million. That compared with net income of $60.6 million, or 42¢ per share, on sales of $619.8 million during the same period last year.

The company reported adjusted earnings of 51¢ per share, beating Wall Street analysts' consensus estimates by a penny.

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