Dentsply Sirona Q4 2021 Earnings Report
Key Takeaways
Dentsply Sirona's Q4 2021 results showed a slight increase in net sales but a decrease in adjusted earnings per share. Net sales increased by 0.6% to $1,088 million, while adjusted EPS decreased to $0.76 compared to $0.87 in the fourth quarter of 2020.
Q4 net sales increased 0.6% to $1,088 million, organic sales increased 1.8%.
Q4 operating income of $154 million, adjusted operating income decreased 13.7% to $217 million.
Net income was $102 million, or $0.47 per diluted share, compared to $99 million, or $0.45 per diluted share in the fourth quarter of 2020.
Adjusted earnings per diluted share decreased to $0.76 compared to $0.87 in the fourth quarter of 2020.
Dentsply Sirona
Dentsply Sirona
Dentsply Sirona Revenue by Geographic Location
Forward Guidance
The outlook for 2022 includes organic sales growth of 4% to 5%, with net sales in the range of $4.3 to $4.4 billion. Adjusted operating income margin is expected to be greater than 21% for the full year, with a target of 22% by the fourth quarter of 2022. Adjusted EPS is estimated to be in the range of $3.05 to $3.25, up 6% to 13% year-over-year.
Positive Outlook
- Organic sales growth of 4% to 5%.
- Net sales in the range of $4.3 to $4.4 billion.
- Adjusted operating income margin is expected to be greater than 21% for the full year.
- Target of 22% adjusted operating income margin by the fourth quarter of 2022.
- Adjusted EPS is estimated to be in the range of $3.05 to $3.25, up 6% to 13% year-over-year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income