DENTSPLY International Q3 Profit Climbs, Beats Estimates, Backs FY13 View

(RTTNews) - DENTSPLY International Inc. (XRAY), a maker of consumable dental products, Tuesday posted a higher third-quarter profit, that exceeded Street estimates by a penny, with increase in revenues. The company also reiterated its full-year adjusted earnings per share view.

Net income attributable to DENTSPLY International was $79.9 million or $0.55 per share, compared with $53.4 million or $0.37 per share last year.

Excluding certain items, on an adjusted basis, earnings were $0.57 for the three-month period. On average, thirteen analysts polled by Thomson Reuters expected the company to report earnings per share of $0.56 for the quarter. Analysts' estimates typically exclude one-time items.

Net sales grew 1.2 percent to $704 million, from prior year's $695.7 million. Analysts expected the company to generate revenues of $716.13 million.

Further, the company said it still expects full year 2013 adjusted earnings per share to be in the range of $2.33 to $2.38. Analysts expect the company to report earnings of $2.35 per share for the year.