Equity Profile

HSIC

Henry Schein, Inc.

Health CareHealth Care Distributors$8.8B

Aug4Tue

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Henry Schein, Inc. is a leading distributor of health care products and services, primarily serving dental and medical professionals....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a critical measure of profitability and will indicate how well the company is managing costs and generating revenue.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its market share and adapt to changing health care demands.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

HSIC Q2-2026 Earnings Preview

Context

Company Snapshot

Henry Schein, Inc. is a leading distributor of health care products and services, primarily serving dental and medical professionals. With a market cap of $9 billion, its performance is closely tied to trends in the health care sector, including spending on medical supplies and technology advancements.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+3.08%

Avg Stock Reaction

-0.38%

Last Quarter Recap

In Q1 2026, Henry Schein reported an EPS of $1.32, exceeding expectations by 10.28%. The stock reacted positively, gaining 3.26% the following day.

Management Promises & Guidance

Focus on expanding product offerings in the dental and medical sectors.
Commitment to improving operational efficiencies.
Plans to enhance customer service and support.

Expectations

Wall Street Expectations

Overall, expectations are mixed as analysts await clarity on revenue growth and margin stability. The stock has shown a tendency to react positively to earnings beats.

Bull Case

If Henry Schein beats EPS estimates and shows strong revenue growth, it could signal robust demand in the health care sector, driving the stock higher.

Bear Case

Conversely, if the company misses expectations or provides weak guidance, it may raise concerns about market conditions and competition, leading to a decline in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026, and how does it compare to last quarter's performance?

A strong EPS could reinforce positive market sentiment, while a miss could raise concerns about profitability.

What guidance will management provide regarding revenue growth for the upcoming quarters?

Clear guidance on revenue growth is essential for investor confidence, especially in a competitive health care market.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate the impact of recent product expansions and operational efficiencies, which could drive better-than-expected results this quarter.

Supporting Evidence

The company has consistently beaten EPS estimates in recent quarters, indicating strong operational management.

The options market is pricing a larger move than historical averages, suggesting that traders are anticipating significant news.

Henry Schein's focus on enhancing customer service could lead to increased sales, countering potential market headwinds.

Key Risk

If the EPS comes in below $1.20, it could undermine the positive narrative and lead to a reassessment of growth prospects.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Henry Schein can sustain its recent earnings momentum amidst competitive pressures.

Bull Confirmed If

An EPS of $1.40 or higher would confirm the bull case, indicating strong operational performance.

Bear Confirmed If

An EPS below $1.20 would confirm the bear case, suggesting potential challenges in revenue generation.

Pre-Earnings Positioning

Options Market

Implied Move

±16.00%

Historical Avg

±5.2%

Pricing rich

The options market is pricing in a significant move, indicating that traders expect volatility around the earnings announcement.

Options are pricing ±16.0% while HSIC has averaged ±5.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

27.4%

Calls (1K)P/C Ratio: 0.11Puts (400)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Henry Schein beats expectations, history suggests a potential stock increase of around 0.63% on the following day, confirming positive market sentiment.

In-Line / Cautious

A cautious inline report may lead to muted stock movement, as investors await further clarity from management commentary.

Miss

If the company misses expectations, history suggests a potential decline of around 7.41%, raising concerns about future performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product launches and their expected impact on sales.
2Management's commentary on market trends and competitive landscape.
3Insights into operational efficiencies and cost management strategies.
4Guidance on revenue expectations for the next quarter.
5Details on customer acquisition and retention strategies.

See the full picture

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Company Snapshot

Henry Schein, Inc. is a leading distributor of health care products and services, primarily serving dental and medical professionals....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a critical measure of profitability and will indicate how well the company is managing costs and generating revenue.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its market share and adapt to changing health care demands.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

HSIC Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+3.08%

Avg Stock Reaction

-0.38%

Last Quarter Recap

In Q1 2026, Henry Schein reported an EPS of $1.32, exceeding expectations by 10.28%. The stock reacted positively, gaining 3.26% the following day.

Management Promises & Guidance

Focus on expanding product offerings in the dental and medical sectors.
Commitment to improving operational efficiencies.
Plans to enhance customer service and support.

Expectations

Wall Street Expectations

Overall, expectations are mixed as analysts await clarity on revenue growth and margin stability. The stock has shown a tendency to react positively to earnings beats.

Bull Case

If Henry Schein beats EPS estimates and shows strong revenue growth, it could signal robust demand in the health care sector, driving the stock higher.

Bear Case

Conversely, if the company misses expectations or provides weak guidance, it may raise concerns about market conditions and competition, leading to a decline in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026, and how does it compare to last quarter's performance?

A strong EPS could reinforce positive market sentiment, while a miss could raise concerns about profitability.

What guidance will management provide regarding revenue growth for the upcoming quarters?

Clear guidance on revenue growth is essential for investor confidence, especially in a competitive health care market.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate the impact of recent product expansions and operational efficiencies, which could drive better-than-expected results this quarter.

Supporting Evidence

The company has consistently beaten EPS estimates in recent quarters, indicating strong operational management.

The options market is pricing a larger move than historical averages, suggesting that traders are anticipating significant news.

Henry Schein's focus on enhancing customer service could lead to increased sales, countering potential market headwinds.

Key Risk

If the EPS comes in below $1.20, it could undermine the positive narrative and lead to a reassessment of growth prospects.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Henry Schein can sustain its recent earnings momentum amidst competitive pressures.

Bull Confirmed If

An EPS of $1.40 or higher would confirm the bull case, indicating strong operational performance.

Bear Confirmed If

An EPS below $1.20 would confirm the bear case, suggesting potential challenges in revenue generation.

Pre-Earnings Positioning

Options Market

Implied Move

±16.00%

Historical Avg

±5.2%

Pricing rich

The options market is pricing in a significant move, indicating that traders expect volatility around the earnings announcement.

Options are pricing ±16.0% while HSIC has averaged ±5.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

27.4%

Calls (1K)P/C Ratio: 0.11Puts (400)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Henry Schein beats expectations, history suggests a potential stock increase of around 0.63% on the following day, confirming positive market sentiment.

In-Line / Cautious

A cautious inline report may lead to muted stock movement, as investors await further clarity from management commentary.

Miss

If the company misses expectations, history suggests a potential decline of around 7.41%, raising concerns about future performance.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product launches and their expected impact on sales.
2Management's commentary on market trends and competitive landscape.
3Insights into operational efficiencies and cost management strategies.
4Guidance on revenue expectations for the next quarter.
5Details on customer acquisition and retention strategies.