Envista Holdings Corp. (NVST) Misses Q2 EPS by 17c; offers guidance

Envista Holdings Corp. (NYSE: NVST) reported Q2 EPS of $0.11, $0.17 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $633.1 million versus the consensus estimate of $648 million.

GUIDANCE

For the full year 2024, we expect core sales to decline between 1% and 4 % and adjusted EBITDA margins of between 10% - 12%. We expect further decline in Q3, before returning to growth in Q4. Our guidance reflects the aforementioned improvement actions, growth investments, and continued macro uncertainty.

For earnings history and earnings-related data on Envista Holdings Corp. (NVST) click here.

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