Henry Schein, Inc. (HSIC) earnings on August 4, 2026

Before the market opens Q2 2026

More Henry Schein, Inc. earnings

Prior outlook: Pessimistic Outcome: Missed

Henry Schein reported stronger quarterly results than analysts expected and raised its annual outlook. The stock climbed over 3% as investors responded positively to the update.

HSIC price around the earnings

89.11

Change: +3.0%

2026-08-04, 20:00 UTC

End of the measured window
86.51 88.37 90.22 92.08 86.51
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
August 4, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Missed

Thesis published
Results released

Analysts cautious — risk outweighs reward

Experts are cautious because while the company has a strong record of beating earnings and analysts are upgrading it, the price has little room to rise and recent trend strength is weak. Heavy retail interest in a tight price range adds to the caution.

Context analyzed before publication

Summary
Analysts cautious — risk outweighs reward
Playbook
The stock has been moving sideways in a narrow range, with weak trend strength compared to the broader market. Retail interest is high, which historically can lead to sharp moves around earnings.
Trend
Analyst outlook cooling in recent days

Analysts

Drivers

  • Analysts Positive

    Several analysts have raised their price targets, and the consensus rating is a buy, though the upside is only about 3.2%.

Evidence

Analyst consensus
Buy
Consensus average (1-5)
2.29
Analysts covering the stock
16
Average price target
89.31
Lowest price target
64
Highest price target
100
Upside to price target
3.2%
Quarterly earnings growth
-2.7%
Revenue growth
6.3%
Forward EPS
5.9
Trailing EPS
3.31
Analyst moves in the last 60 days
4
  • Strong buy: 4
  • Buy: 5
  • Hold: 7
  • Sell: 1
  • Strong sell: 0
Strong buy
4
Buy
5
Hold
7
Sell
1
Strong sell
0
  • July 29, 2026 · Piper Sandler: Maintains rating (Overweight → Overweight)
  • July 28, 2026 · UBS: Maintains rating (Neutral → Neutral)
  • July 9, 2026 · BMO Capital: Initiates coverage (Market Perform)
  • June 11, 2026 · BTIG: Upgrades rating (Neutral → Buy)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
High
Normalized volume
99%
News
Sources (3)

Technicals

Drivers

  • Technical Negative

    The stock's trend strength is weak, underperforming the broader market over the past month. It is market review in a tight range, which limits potential price movement.

Evidence

Price when the context was analyzed
86.49
Average true range (ATR)
2.1%
Distance to 52-week high
-2.8%
14-day change (14d)
+0.4%
30-day change (32d)
+0.1%
30-day relative strength
-1.7%
SPY change (32d)
+1.7%
Nearest support
86.45
Distance to nearest support
0%
Nearest resistance
87.3
Distance to nearest resistance
0.9%
Volume accumulation ratio (14d / 46d)
0.9
  • Mid: 86.45 (0% away, 0.02 ATR, 10 touches)
  • Minor: 85.9 (0.7% away, 0.32 ATR, 8 touches)
  • Minor: 85.51 (1.1% away, 0.54 ATR, 7 touches)
  • Mid: 87.3 (0.9% away, 0.45 ATR, 8 touches)
  • Mid: 87.69 (1.4% away, 0.67 ATR, 7 touches)
  • Mid: 88.33 (2.1% away, 1.02 ATR, 3 touches)

Trends

Evidence

Average earnings surprise
+3.0%
  • May 5, 2026: actual EPS 1.32 vs estimate 1.22 (surprise +8.4%)
  • February 24, 2026: actual EPS 1.34 vs estimate 1.29 (surprise +3.5%)
  • November 4, 2025: actual EPS 1.38 vs estimate 1.28 (surprise +7.9%)
  • August 5, 2025: actual EPS 1.1 vs estimate 1.19 (surprise -7.6%)

Expected move

Drivers

  • Past earnings Positive

    The company has beaten earnings expectations in 75% of recent quarters, with an average surprise of +3.0%. The last two quarters also came in above forecasts.

Implied move
+1.8%
Source
Options chain

Reactions over its last 20 earnings

Median move
3.8%
75th percentile move
6.3%
90th percentile move
8.1%
Up / down moves
10 / 10
Average up move
+4.6%
Average down move
-4.6%

Monitoring and close

What Henry Schein, Inc. reported

Status
Finished
Actual EPS1.27
EPS estimate1.24
EPS surprise+2.4%
Revenue$3,458 million
Revenue estimate$3,375 million
Revenue surprise+2.5%

Henry Schein beat Q2 sales and profit expectations, with revenue at $3.46 billion. The company raised its full-year guidance, reflecting optimism.

Sources (12)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, results beat expectations on both earnings and revenue. The figures overturn the prior pessimistic scenario. Based on the figures alone (no pre-open price): across our market history, in the 8,063 similar cases the close followed that direction 59% of the time.

How the stock reacted

Outcome
Missed
Consolidated
+3.0%
Max favorable move (MFE)
0%
Max adverse move (MAE)
6.6%