Dentsply Sirona Now Sees FY22 Net Sales At High End Of Prior Outlook Range

RTTNews | 841 days ago
Dentsply Sirona Now Sees FY22 Net Sales At High End Of Prior Outlook Range

(RTTNews) - Ahead of its presentation at the 41st Annual J.P. Morgan Healthcare Conference later on Wednesday, Dentsply Sirona, Inc. (XRAY) provided an update on its anticipated financial results for the full-year 2022.

For fiscal 2022, the company now projects adjusted earnings within the prior outlook range of $1.90 to $2.00 per share on net sales at the high end of its prior outlook range between $3.85 billion and $3.88 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.96 per share on revenues of $3.87 billion for the year. Analysts' estimates typically exclude special items.

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U.S. Construction Spending Unexpectedly Falls 0.5% In March

U.S. Construction Spending Unexpectedly Falls 0.5% In March

Construction spending in the U.S. unexpectedly decreased in the month of March, the Commerce Department revealed in a report released on Thursday. The Commerce Department said construction spending fell by 0.5 percent to an annual rate of $2.196 trillion in March after climbing by 0.6 percent to a revised rate of $2.207 trillion in February.
RTTNews | 6 minutes ago
U.S. Manufacturing Index Dips Slightly Further Into Contraction Territory In April

U.S. Manufacturing Index Dips Slightly Further Into Contraction Territory In April

The Institute for Supply Management released a report on Thursday showing a slight decrease by its reading on U.S. manufacturing activity in the month of April. The ISM said its manufacturing PMI edged down to 48.7 in April after slipping to 49.0 in March, with a reading below 50 indicating contraction. Economists had expected the index to dip to 48.0.
RTTNews | 19 minutes ago
U.S. Jobless Claims Rise Much More Than Expected To Two-Month High

U.S. Jobless Claims Rise Much More Than Expected To Two-Month High

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by much more than expected in the week ended April 26th. The Labor Department said initial jobless claims climbed to 241,000, an increase of 18,000 from the previous week's revised level of 223,000.
RTTNews | 31 minutes ago
Tesla Chair Denies Report Of CEO Search To Replace Elon Musk

Tesla Chair Denies Report Of CEO Search To Replace Elon Musk

Tesla Inc. chair Robyn Denholm has denied a Wall Street Journal report that its board was searching for a replacement for Chief Executive Officer Elon Musk. On the social media platform X, she called the report as "absolutely false." Shares of Tesla had fallen around 3 percent on Wednesday's trading following the news. However, with the denial of the report, the stock is currently gaining.
RTTNews | 4h 12min ago
UK Mortgage Approvals Lowest In 8 Months

UK Mortgage Approvals Lowest In 8 Months

UK mortgage approvals decreased to the lowest level in eight months in March despite home buyers rushing to complete the transactions ahead of the rise in stamp duty, official data revealed on Thursday. Mortgage approvals decreased 800 to 64,309 in March, the Bank of England said. Approvals for house purchases, an indicator of future borrowing, decreased for the third straight month.
RTTNews | 5h 4min ago