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Why Dentsply Sirona (XRAY) Shares Are Plunging Today
Yahoo Finance· 2025-11-06 16:36
Core Insights - Dentsply Sirona's shares fell 13.4% following disappointing Q3 results, marked by a significant earnings miss and a lowered full-year forecast [1] - Revenue for the quarter was $904 million, a decline of 4.9% year-over-year, narrowly beating analyst expectations [1] - Adjusted earnings per share were $0.37, missing the consensus estimate of $0.45 and down from $0.50 in the same quarter last year [1] - The company's operating margin was negative 24.1%, indicating significant cost struggles [1] - Management lowered full-year adjusted EPS guidance to a midpoint of $1.60, contributing to investor concerns [1] Market Reaction - Dentsply Sirona's shares have shown volatility, with 13 moves greater than 5% in the past year, indicating a significant impact on market perception due to recent news [3] - The stock has dropped 40.4% since the beginning of the year, trading at $11.17 per share, which is 53.4% below its 52-week high of $23.98 from November 2024 [5] Previous Developments - A previous notable stock movement occurred 22 days ago when shares gained 1.1% after the SEC concluded its investigation into the company's accounting practices without recommending enforcement action [4] - The SEC probe, which began in 2022, focused on the company's use of incentives for product sales and their accounting treatment [4] - The closure of the investigation was viewed as a significant and favorable development by the company [4]