DENTSPLY Int'l. Q4 Net Profit Dips, Adj. EPS Matches View - Quick Facts

(RTTNews) - DENTSPLY International Inc. (XRAY), a maker of consumable dental products, said its fourth-quarter 2013 net income attributable to the company fell to $74.4 million, or $0.51 per share, from $126.8 million, or $0.88 per share, a year before. However, on an adjusted basis, excluding items, earnings per share for the quarter increased year-over-year to $0.61 from $0.56. On average, 14 analysts polled by Thomson Reuters expected earnings per share of $0.61 for the quarter. Analysts' estimates typically exclude one-time items.

Quarterly net sales of $753.7 million increased slightly from $753.3 million reported in the 2012 period. Excluding precious metals content, net sales totaled $713.7 million, up 1.5% from $703.5 million last year, mainly reflecting constant currency growth in the U.S. and Rest of World regions in the period, while European sales contracted slightly. Eleven analysts estimated $767.89 million in revenues for the quarter.

Separately, the board declared a quarterly cash dividend of $0.06625 per common share, an indicated annual rate of $0.265 per share. This represents an increase of 6% from the prior annual rate of $0.25 per share. The dividend is payable on April 11, 2014 to holders of record on March 28, 2014.