Envista(US:NVST) ZACKS·2024-10-31 00:36Core Insights - Envista (NVST) reported $601 million in revenue for Q3 2024, a year-over-year decline of 4.8%, with an EPS of $0.12 compared to $0.43 a year ago, exceeding the Zacks Consensus Estimate of $592.28 million by 1.47% and delivering an EPS surprise of 33.33% [1] Revenue Performance - North America sales were $319.50 million, below the average estimate of $324.05 million, reflecting a year-over-year decline of 3.8% [3] - Western Europe sales reached $109.30 million, compared to the estimated $119.67 million, marking an 8.5% decrease year-over-year [3] - Emerging markets generated $140.90 million, surpassing the average estimate of $124.46 million, but still showing a 5.7% decline year-over-year [3] - Other developed markets reported $31.30 million, exceeding the estimate of $28.93 million, with a year-over-year increase of 3% [3] Segment Analysis - Specialty Products & Technologies in North America generated $165.30 million, slightly below the estimate of $170.18 million, reflecting a 2.8% decline year-over-year [3] - Equipment & Consumables in emerging markets reported $31.40 million, exceeding the estimate of $23.63 million, but showing a significant 16% decline year-over-year [3] - Specialty Products & Technologies in other developed markets reached $21.70 million, slightly above the estimate of $21.05 million, with a year-over-year decline of 1.4% [3] - Equipment & Consumables in North America reported $154.20 million, slightly above the estimate of $153.87 million, reflecting a 4.8% decline year-over-year [3] - Equipment & Consumables in Western Europe reached $24.10 million, exceeding the estimate of $21.83 million, with no change year-over-year [3] Stock Performance - Envista's shares have returned -2.8% over the past month, while the Zacks S&P 500 composite has increased by 1.8%, with the stock currently holding a Zacks Rank 3 (Hold) [4]