Dentsply Sirona Q1 2022 Earnings Report
Key Takeaways
Dentsply Sirona's Q1 2022 net sales decreased by 6.1% to $965 million, with a 1.4% decrease in organic sales. EPS was $0.30, and adjusted EPS decreased to $0.52 compared to $0.72 in Q1 2021. The company updated its FY22 outlook, projecting organic sales growth of 2% to 3% and an adjusted EPS range of $2.35 to $2.55.
Net sales decreased by 6.1% to $965 million, with organic sales down by 1.4%.
Operating income was $93 million, while adjusted operating income was $153 million.
EPS was reported at $0.30, with adjusted EPS decreasing to $0.52 compared to $0.72 in Q1 2021.
Operating cash flow increased to $93 million compared to $49 million in Q1 2021.
Dentsply Sirona
Dentsply Sirona
Forward Guidance
The company updated its 2022 outlook and expects organic sales growth of 2% to 3%, with net sales in the range of $4.1 billion to $4.2 billion. Adjusted operating income margin is expected to be greater than 17% for the full year. Adjusted EPS is estimated to be in the range of $2.35 to $2.55.