5 Stocks Making Big Moves After Releasing Their Financial Results

4. Henry Schein, Inc. (NASDAQ:HSIC)

Number of Hedge Fund Holders: 26

Shares of Henry Schein, Inc. (NASDAQ:HSIC) hit a new 52-week high of $84.10 on Wednesday, February 16, 2022, a day after posting better-than-expected financial results for the fourth quarter.

Henry Schein, Inc. (NASDAQ:HSIC) earned $1.07 per share on an adjusted basis, topping expectations of 91 cents per share. Revenue came in at $3.33 billion, above analysts’ average estimate of $3.14 billion.

Looking at the performance of its flagship segments, global dental sales for the quarter rose 9.4 percent versus last year to $2 billion, while global medical sales increased 3.2 percent to $1.1 billion.

Henry Schein, Inc. (NASDAQ:HSIC) also released its earnings outlook for 2022. It expects adjusted earnings in the range of $4.75 – $4.91 per share, representing a surge of 7 – 10 percent on a year-over-year basis.