) is set to report its first-quarter 2013 results before the
opening bell on Thursday, May 9. Let us see how things are
shaping up prior to the announcement.
ASTRAZENECA PLC (AZN): Free Stock Analysis
SIRONA DENTAL (SIRO): Free Stock Analysis
WALGREEN CO (WAG): Free Stock Analysis Report
DENTSPLY INTL (XRAY): Free Stock Analysis
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In the last quarter, the leading dental products maker posted a
1.82% positive earnings surprise on the back of strong sales in
Factors to Consider this Quarter
Last quarter, DENTSPLY recorded solid profit, which surged three
fold year over year. Moreover, the company has also reduced its
debt level and is now well positioned to invest in accretive
acquisitions and/or share repurchase programs and dividends.
The company's overall growth strategy rests on product innovation
and acquisitions. DENTSPLY's acquisition of Astra Tech, which the
company has acquired from
) has reinforced its foothold in the global dental market. We
wait to see the impact of the changes in top management, which
took place recently due to integration and realignment of global
operations. However, we believe that the current condition of the
world economy only offers modest growth prospects for XRAY.
Our proven model does not conclusively show that DENTSPLY is
likely to beat earnings estimate this quarter. This is because a
stock needs to have both a positive Earnings ESP (Read:
Zacks Earnings ESP: A Better Method
) and a Zacks Rank of #1, 2 or 3 for this to happen. This is not
the case here, as you will see below.
Positive Zacks Earnings ESP
: The Most Accurate Estimate stands at 57 cents, while the
Zacks Consensus Estimate is pegged at 56 cents. This comes to a
difference of +1.79%.
Zacks Rank #4 (Sell)
: XRAY's Zacks Rank #4 (Sell) lowers the predictive power of ESP.
The Zacks Rank #4 together with +1.79% earnings ESP makes
surprise prediction difficult.
Other Stocks to Consider
Here are some other companies from the medical sector you may
want to consider as our model shows they have the right
ingredients to post an earnings beat this quarter:
), Earnings ESP of +1.11% and a Zacks Rank #3 (Hold)
Sirona Dental Systems Inc.
), Earnings ESP of +1.39% and a Zacks Rank #3 (Hold)