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A report from Goldman Sachs reiterates its Neutral rating on Sirona Dental Systems
SIRO.
The report states, “This morning, Sirona reported 4QFY11 revenue of $219 mn, above the Street's $214 mn, and in line with its guidance range and GS estimates. Adjusted EPS of $0.68 compared to GS/Street of $0.67/$0.62 with benefit largely below the line, while adjusted EBIT of $45.2 mn (more relevant) came in below our more aggressive $49.6 mn on an apples-to-apples comparison.”
SIRO closed yesterday at $43.45.
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