DENTSPLY Q2 Profit Tops Estimates - Quick Facts

(RTTNews) - DENTSPLY International Inc. (XRAY) reported second quarter net income attributable to company of $44.1 million, or $0.31 per share, compared to $90.0 million, or $0.62 per share in the second quarter of 2014. On an adjusted basis, excluding certain items, net earnings per share was $0.73, for the quarter.

On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $0.68 for the quarter. Analysts' estimates typically exclude special items.

Net sales were $698.0 million, a decrease of 8.8% compared to $765.2 million in the second quarter of 2014. Net sales, excluding metals content, were $674.7 million, a decrease of 7.7% compared to $730.9 million, last year. Revenue excluding precious metals were up 3.2% in constant currency. Analysts expected revenue of $715.49 million for the quarter.

DENTSPLY increased its full-year adjusted earnings guidance to the range of $2.54 to $2.62 per share from prior guidance range of $2.50 to $2.60. Analysts expect the company to report earnings per share of $2.56.