Dentsply Sirona reports Q3 2026 miss and cuts full‑year sales and EPS outlook
Dentsply Sirona announced third‑quarter 2026 revenue of $836 million, a decline of 7.5% year‑over‑year on a reported basis and 7% in constant currency. The company posted a GAAP loss of $0.01 per share and adjusted earnings of $0.29 per share, both missing consensus. It lowered its full‑year 2026 guidance to net sales of about $3.5 billion (previously $3.5‑$3.6 billion) and adjusted EPS of $1.20‑$1.30 (down from $1.40‑$1.50, excluding a $0.17 one‑time tariff‑refund gain). BofA Securities cut its price target to $14 from $17 and revised its EPS guidance to $1.10, citing the weaker results.
Why it matters
The reduced sales and EPS outlook signals lower profitability for the year, prompting analysts to lower price targets (BofA cut its target to $14). The guidance reset may pressure the stock, which fell double‑digit percentages in pre‑market trading.
Key facts
- 1Q3 2026 revenue was $836 million, down 7.5% year‑over‑year on a reported basis. finance.yahoo.com
- 2Revenue was down 7% year‑over‑year in constant currency. finance.yahoo.com
- 3Adjusted earnings per share were $0.29, while GAAP diluted loss was $0.01 per share. financialcontent.com
- 4Full‑year 2026 net sales guidance was lowered to approximately $3.5 billion, from a prior range of $3.5‑$3.6 billion. finance.yahoo.com
- 5Adjusted EPS guidance for 2026 was set to $1.20‑$1.30, down from $1.40‑$1.50, excluding a $0.17 one‑time tariff‑refund gain. finance.yahoo.com
- 6BofA Securities reduced its price target to $14 from $17 and revised its EPS guidance to $1.10, excluding tariff refunds and inventory‑elimination benefits. investing.com
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.