Henry Schein Inc (HSIC) · Nov 3, 2026 · Earnings

Henry Schein earnings beat as dental sales surge, guidance rises

Beat — Non-GAAP EPS $1.56 vs ~$1.35 consensus; FY2026 guide midpoint $5.53 vs ~$5.39

Henry Schein earnings beat on EPS and raised 2026 guidance, powered by U.S. dental merchandise gains. Sales were broadly in line.

Henry Schein is midway through a BOLD+1-led effort to improve growth and margins across its core distribution business, higher-margin specialty products, and technology platforms. Its current story is shifting from cost and portfolio work toward proving that those initiatives can produce durable organic gains; high-growth businesses such as implants, biomaterials, endodontics, orthodontics, orthopedics, technology, and value-added services were already approaching half of operating income in 2025.

The quarter cleared the earnings bar, but not on sales. Non-GAAP diluted EPS was $1.56 versus a published consensus of roughly $1.35, while revenue was $3.471 billion versus approximately $3.48 billion expected—essentially in line on the top line. The filing states, “Non-GAAP diluted earnings per share were $1.56 per diluted share, up 13.0% compared with the third quarter of 2025.”

	Q3 2026	Q3 2025	Consensus
Net sales (Income Statement)	$3,471M	$3,339M	~$3,480M
Non-GAAP diluted EPS (Exhibit B)	$1.56 (+13.0%)	$1.38	~$1.35
Adjusted EBITDA (Exhibit C)	$321M (+8.8%)	$295M	~$296M
Adjusted non-GAAP EPS (Exhibit D)	$1.37 (+19.1%)	$1.15

The underlying earnings improvement is better than the headline EPS suggests. The quarter included a $0.19-per-share tariff-refund benefit, but the prior-year comparison also included a $0.23-per-share remeasurement gain. Excluding both, adjusted EPS grew 19.1%, and Adjusted EBITDA margin expanded 40 basis points to 9.24%. That points to genuine operating leverage rather than a purely one-off accounting boost. The filing says, “Excluding these items, non-GAAP diluted EPS was $1.374 compared with $1.154 in the prior-year period, an increase of 19.1%.”

The strongest evidence of business momentum is concentrated in U.S. dental merchandise. That category grew 8.6%, driven primarily by volume, while total U.S. distribution and value-added services grew only 3.2%; global value-added services declined 4.8%. This is a meaningful share-gain signal in the core franchise, but it is not yet broad-based across every business line. The release says, “4.0% total sales growth, driven by 8.6% U.S. dental merchandise sales growth due primarily to volume from market share gains.” 〔0〕

The guidance increase strengthens the execution case, though it includes some nonrecurring help. FY2026 non-GAAP EPS guidance moved from $5.29–$5.39 to $5.50–$5.56, putting the midpoint above the roughly $5.39 consensus. Adjusted EBITDA growth was raised to high-single-digits, but the EPS outlook explicitly includes the third-quarter tariff refund; sales-growth guidance stayed unchanged at 4.5%–5.5%. The company also expects targeted fourth-quarter investments to support 2027, so the higher outlook is a mixture of better underlying performance, a realized tariff benefit, and planned investment timing. The filing states, “The updated guidance assumes no significant tariff refunds or remeasurement gains for the remainder of 2026.” 〔1〕

Bottom line: This is a real execution beat: core U.S. dental volume and margins improved, adjusted earnings substantially exceeded expectations, and full-year EPS guidance rose. The result advances Henry Schein’s turnaround and growth story, but the sales gain was only in line and part of the guidance lift reflects a tariff refund rather than recurring demand.

Sources for external expectation: published Q3 consensus estimates and FY2026 consensus cited above.

What to watch next

Q4 report, early 2027

Original filing on SEC EDGAR

More Henry Schein Inc news

Live · an AI on the whole US market

Breaking down Wall Street's information edge.

A buy-side analyst on every ticker.

It reads every public company's filing the second it drops — decoded into plain English, before it's a headline. The edge every investor deserves, not just the desks.

Trade the facts, not the FOMO.

Every event

8-Ks decoded the moment they file

Every number

Fundamentals, valuation, quality

What's next

Earnings calendar + the analyst view

scroll ↓

From filing to your screen in seconds

AllSight is the fastest.

DETECT

The moment it files

Every public company, around the clock. The AI never blinks and never takes lunch — nothing to set up.

filed 9:41:03 · decoded 9:41:19

DECODE

Plain English — never a call.

The event, the numbers, how it sits vs. expectations — in seconds. The AI decodes it; you pull the trigger.

DELIVER

On your screen, before the bell

Overnight and premarket, it's already read everything. You walk into every session with the setup — not scrambling to find it.

Understand it like a Wall Street analyst. Explained like a friend.

the raw filing — read the original on SEC.gov↗

decoded▸

AllSight · BlackBerry Q2 FY27

Revenue $163.3M vs ~$144M expected; adjusted basic EPS $0.07 vs ~$0.04 consensus — a real upside surprise.Income statement
QNX revenue +27% to $80.3M; segment EBITDA $29.0M from $20.5M. “Record performance… core automotive.”Segment — QNX
Licensing jumped to $22.1M from $6.6M — it amplified the beat, but it's less recurring than QNX, so the quality sits in QNX.Segment — Licensing
FY27 guide lifted to $616–636M rev / $141–158M EBITDA, above the prior $594–621M / $119–139M framework.Guidance
QNX growth, margins, cash and a raised outlook all beat. But licensing amplified it and Secure Comms is flat — net retention 91% from 93%.Segment — Secure Comms

Know a company all the way down.

Not just one filing. AllSight profiles every public company end to end — the numbers, the quality, the insiders, the smart money, the Street. One page, nothing missed.

Price & every insider trade, plotted
A quality score ranked against every peer
40+ valuation & profitability multiples
Where each one sits in its 5-year range
Whole-market insider flow, in real time
Which superinvestors are holding it
Analyst consensus & price target

Live · — filings read this week

AllSight gives you an edge others can't.

One scan before the open, one after the close — every filing on every ticker, already decoded. You walk into every session fully prepared.

Not investment advice · a neutral translation you can check against the original SEC filing

allsight.ai

Events/ANDE/8-K · Earnings

8-K · Item 2.02 · Earnings

The Andersons — a record Renewables quarter that beat profit expectations

Filed Aug 3, 2026ANDE · NASDAQ

AllSight readBeatPriced in▲ 1.8% since filed · reaction agrees

adj. EPS $2.15 vs ~$1.48 consensus

This filing tests whether The Andersons' sharp profit increase reflects broad operating improvement or a one-off renewable-fuels boost. It also separates strong adjusted earnings and cash generation from the quarter's legal and impairment charges.

The quarter was substantially stronger than both last year and the published earnings expectation. Adjusted EPS reached $2.15, versus $0.24 a year earlier and above the published consensus of about $1.48; reported EPS was $1.65. Adjusted EBITDA more than doubled to $140 million, while sales slipped modestly — the improvement came from margins and operating performance rather than higher revenue. Financial Highlights · Statements of Operations

Q2 ($M, exc. per-share)	Q2 2026	Q2 2025	YoY
Sales & merchandising revenue	3,097.7	3,135.9	−1%
Net income (attributable)	56.6	7.9	+48.7
Diluted EPS	1.65	0.23	+1.42
Adjusted EPS	2.15	0.24	+1.91
Adjusted EBITDA	140.3	65.2	+75.1
Agribusiness adj. pretax	20.3	16.8	+3.5
Renewables adj. pretax	88.4	9.6	+78.8
Cash from operations	487.9	299.3	+188.6
Cash from ops (pre-WC)	112.9	42.9	+70.1

Renewables drove nearly all of the upside — the operating backdrop was strong, but the result also benefited materially from tax credits. Renewables' adjusted pretax income rose to $88 million on record production, stronger ethanol margins and merchandising gains. It also received $24 million of 45Z producer tax credits, so this was not solely a repeatable plant-margin improvement; the company did cite healthy export and domestic ethanol demand as supportive. Renewables — Record Q2 · Segment Data

Agribusiness improved, but it was a supporting contributor rather than the main earnings engine. Adjusted pretax income increased to $20 million as fertilizer margins improved and merchandising benefited from commodity-price volatility, despite lower fertilizer volumes. Agribusiness — Improved Q2 · Segment Data

Cash generation improved and funding capacity is comfortable, while reported earnings still absorbed meaningful non-core costs. Operating cash flow was $488 million ($113 million before working-capital changes); capital spending was $76 million. Adjusted EPS excludes $0.50 of legal-settlement, impairment and transaction items, so the $2.15 adjusted result runs ahead of the $1.65 reported. Leverage stays below the <2.5× debt-to-EBITDA target; no new quantified full-year outlook was given. Cash & Liquidity · Adjusted Net Income

Community sentiment · 612 votes

58% bullish

Bull 58%Neu 27%Bear 15%

AllSight

AllSight Pro

A buy-side analyst on every ticker — reading the whole market the second it moves.

It reads every public company's filing the instant it drops and hands you what it means — in plain English, before it's a headline.

The read itself

Not another feed. A buy-side analyst that never sleeps, on everything.

Whole-market breadthevery public company

Not the 20 names CNBC repeats. Every ticker that files — thousands of companies, one AI reading all of them.

Filed-to-decoded in secondsspeed

Filed 9:41:03, decoded 9:41:19. You've got the catalyst while the tape is still moving and the crowd's still on the headline.

Past the headlinedepth

What actually happened, the numbers that matter, how it sits vs what the Street expected, and what it sets up next.

Source-grounded & neutralrigor

Every read traces to the words in the actual filing — click to see them. A translation you can check, never a buy/sell call.

Zero effort to youconvenience

Plain English, one glance. Follow your stocks and the moment any of them files, it's in your pocket — no watching, no digging.

All of it, livePro

Free reads every session once it closes. Pro reads it the moment it files: the whole market, all day, every day.

And then — go deeper

From "what happened" to "is it worth it."

Cheap or dear?Where it trades vs its own valuation history.

The quality score, in fullAll five dimensions, ranked against its sector.

Structure & multi-year trendsRevenue, margins, cash — the hard numbers, decoded.

Insider activityWho inside the company is buying and selling.

Analyst price targetsWhere Wall Street says every name is headed.

The whole company, one pagePrice, ownership, the full read — on any ticker.

Hire your personal buy-side analyst.

Trade one usual slippage for a whole market's rhythm.

Free

forever

Every closed session, on the whole market. The live session and the deep company read stay Pro.

Monthly

$29/mo

billed monthly

Everything, live — every session the moment it files, plus the full company read. Flexible, month to month.

Best value · save 40%

Annual

$17.40/mo

$209 billed yearly

about one slippage a month

Same full access — the whole market live and every company — at the lowest price. 40% off the monthly.

Billed today. Powered by Stripe · AllSight never sees your card.

Henry Schein earnings beat as dental sales surge, guidance rises

What to watch next

More Henry Schein Inc news

Breaking down Wall Street's information edge.