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Fly News Breaks for December 20, 2019
PDCO, HSIC
Dec 20, 2019 | 09:57 EDT
Baird analyst Jeff Johnson said he has confirmed that Patterson (PDCO) has won the contract as the new supplier for certain dental consumable, equipment and services that Henry Schein (HSIC) announced this morning that it has lost. Johnson estimates the contract has an annual value of $30M-$40M and he doesn't see a significant financial impact to either company over 2020 from this news. He keeps Neutral ratings on the stocks of both dental suppliers.
News For PDCO;HSIC From the Last 2 Days
HSIC
Feb 19, 2020 | 14:08 EST
Notable companies reporting before tomorrow's open, with earnings consensus, include Southern Company (SO), consensus 27c... American Electric Power (AEP), consensus 58c... Hormel Foods (HRL), consensus 46c... ViacomCBS (VIAC), consensus $1.44... Teleflex (TFX), consensus $3.22... EPAM Systems (EPAM), consensus $1.45... Domino's Pizza (DPZ), consensus $2.98... Norwegian Cruise Line (NCLH), consensus 70c... Henry Schein (HSIC), consensus 91c... LKQ Corp. (LKQ), consensus 52c... Wix.com (WIX), consensus 31c... HollyFrontier (HFC), consensus 52c... Six Flags (SIX), consensus 15c... CommScope (COMM), consensus 34c... AK Steel (AKS), consensus (10c).