Align Technology (ALGN) Beats Q4 Earnings Estimates

Core Viewpoint - Align Technology reported quarterly earnings of $2.44 per share, exceeding the Zacks Consensus Estimate of $2.43 per share, and showing a slight increase from $2.42 per share a year ago [1][2] Financial Performance - The company achieved revenues of $995.22 million for the quarter ended December 2024, which was below the Zacks Consensus Estimate by 0.18%, but an increase from $956.73 million year-over-year [3] - Align Technology has surpassed consensus EPS estimates in all four of the last quarters, while it has only topped revenue estimates once in the same period [2][3] Stock Performance - Align Technology shares have increased approximately 3% since the beginning of the year, outperforming the S&P 500's gain of 2.7% [4] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future due to unfavorable estimate revisions [7] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $2.27 on revenues of $1.02 billion, and for the current fiscal year, it is $10.10 on revenues of $4.19 billion [8] - The outlook for the Medical - Dental Supplies industry, to which Align Technology belongs, is currently in the bottom 40% of Zacks industries, which may negatively impact stock performance [9]