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Dentsply Sirona Now Sees FY22 Net Sales At High End Of Prior Outlook Range
(RTTNews) - Ahead of its presentation at the 41st Annual J.P. Morgan Healthcare Conference later on Wednesday, Dentsply Sirona, Inc. (XRAY) provided an update on its anticipated financial results for the full-year 2022.
For fiscal 2022, the company now projects adjusted earnings within the prior outlook range of $1.90 to $2.00 per share on net sales at the high end of its prior outlook range between $3.85 billion and $3.88 billion.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.96 per share on revenues of $3.87 billion for the year. Analysts' estimates typically exclude special items.
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Wall Street Likely To Open Flat
Futures point to a somewhat flat start on Wall Street Tuesday morning. Data on manufacturing and services sector activity in the U.S. in the month of August, due after the opening bell, is likely to provide some direction to the market.
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Sweden Cuts Policy Rate By 25 Bps
Sweden's central bank cut its benchmark interest rate by 25 basis points in order to support economic recovery and signalled an end to the easing cycle. The executive board of the Riksbank decided to lower the policy rate by 25 basis points to 1.75 percent. The bank has reduced the rate by 200 basis points since it started policy easing in May 2024.
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FTSE 100 Flat; Kingfisher Soars On Higher Guidance
U.K. stocks are turning in a mixed performance on Tuesday with investors digesting the flash data showing weak manufacturing and services sector activity in the month of September.
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Eurozone Private Sector Logs Strongest Growth In 16 Months
The euro area private sector expanded the most in 16 months in September driven by the acceleration in services activity growth, flash survey results published by S&P Global revealed on Tuesday. At 51.2, the HCOB composite output index climbed slightly from August's 51.0 and was above forecast of 51.1. The index posted above the 50.0 no-change mark for the ninth straight month in September.
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CAC 40 Up 0.6%; STMicroElectronics Rises Sharply
Despite data showing a contraction in France's private sector activity in the month of September, French stocks are up firmly in positive territory Tuesday afternoon with data showing an acceleration in Eurozone private sector growth, and NVIDIA's plans to invest $100 billion in OpenAI aiding sentiment.
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Sensex, Nifty Recover From Early Lows
Indian shares cut early losses to end on a flat note on Tuesday. While a weakening rupee, tariff worries and concerns regarding the latest H1-B visa fee change weighed on markets, Fed rate cut hopes, falling oil prices and reports of strong festive-season demand for automobiles helped limit overall losses in the broader market.
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DAX Modestly Higher Despite Paring Some Early Gains
German stocks hold on in positive territory Tuesday afternoon despite paring some early gains. Data showing an acceleration in Germany's private sector activity in the month of September, and an increase in Eurozone service sector growth help underpin sentiment.
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Walmart To Kick Off Holiday Season With Early Deals On Oct. 7-12
In preparation for the upcoming holiday season, retail behemoth Walmart, Inc. is bringing tens of thousands of deals with early savings, starting October 7 through 12. While membership is not required for the first deals event of the season, Walmart+ members will get exclusive early access on October 6 at 7 p.m. ET, and shoppers can enjoy fast delivery and in-store convenience all week long.
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