Equity Profile

HSIC

Henry Schein, Inc.

Health CareHealth Care Distributors$9.8B

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 key indicator of profitability and will help investors gauge the company's financial health this quarter.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its market share and meet customer demand, which is critical in the health care sector.

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 $10 billion, the company plays a crucial role in the health care supply chain, especially as demand for health services continues to grow.

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

Expectations

Wall Street Expectations

Overall expectations for Henry Schein's upcoming earnings are mixed, with no analyst estimates available. Investors will be keen to see if the company can maintain its positive earnings surprise trend.

Bull Case

If Henry Schein continues its trend of beating EPS estimates, it could signal strong operational performance and increased investor confidence.

Bear Case

Conversely, if the company fails to meet expectations, it may raise concerns about its growth prospects in a competitive health care market.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q2-2026?

Given the company's history of beating EPS estimates, this number will be critical for investor sentiment and stock performance.

How is revenue growth trending in key segments?

Understanding revenue growth in specific areas will help investors assess the company's ability to capture market demand and sustain profitability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Henry Schein's ability to sustain its earnings growth due to its strong market position and operational efficiencies.

Supporting Evidence

The company has consistently beaten EPS estimates, suggesting stronger-than-expected performance.

Options pricing indicates a significant move, which may reflect higher volatility than the Street anticipates.

Key Risk

If the EPS comes in below $1.20, it could undermine the bullish sentiment and lead to a reevaluation 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 earnings momentum in a competitive health care landscape.

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, raising concerns about the company's growth trajectory.

Pre-Earnings Positioning

Options Market

Implied Move

±16.0%

Historical Avg

±5.2%

Pricing rich

The options market is pricing in a significant move, suggesting that traders anticipate 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)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Health Care

n=30

Fade rate: 13 of 29 (45%)

This setup has occurred 30 times across Health Care in the last 2 years. 13 of 29 faded and 16 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 5.5%, with a raw directional average of +2.9% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

History suggests that if Henry Schein beats expectations, the stock could rise by an average of 0.63%, confirming strong operational performance.

In-Line / Cautious

If results are in line but management provides cautious commentary, the stock may react neutrally, reflecting uncertainty.

Miss

If the company misses expectations, history suggests a potential decline of around 7.41%, indicating investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on revenue growth in the dental and medical segments.
2Details on cost management strategies and their impact on gross margins.
3Insights into market demand trends and how they are affecting sales.
4Management's outlook on competitive pressures in the health care distribution space.
5Any commentary on potential acquisitions or partnerships that could drive growth.

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AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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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 key indicator of profitability and will help investors gauge the company's financial health this quarter.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its market share and meet customer demand, which is critical in the health care sector.

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

Expectations

Wall Street Expectations

Bull Case

If Henry Schein continues its trend of beating EPS estimates, it could signal strong operational performance and increased investor confidence.

Bear Case

Conversely, if the company fails to meet expectations, it may raise concerns about its growth prospects in a competitive health care market.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q2-2026?

Given the company's history of beating EPS estimates, this number will be critical for investor sentiment and stock performance.

How is revenue growth trending in key segments?

Understanding revenue growth in specific areas will help investors assess the company's ability to capture market demand and sustain profitability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Henry Schein's ability to sustain its earnings growth due to its strong market position and operational efficiencies.

Supporting Evidence

The company has consistently beaten EPS estimates, suggesting stronger-than-expected performance.

Options pricing indicates a significant move, which may reflect higher volatility than the Street anticipates.

Key Risk

If the EPS comes in below $1.20, it could undermine the bullish sentiment and lead to a reevaluation 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 earnings momentum in a competitive health care landscape.

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, raising concerns about the company's growth trajectory.

Pre-Earnings Positioning

Options Market

Implied Move

±16.0%

Historical Avg

±5.2%

Pricing rich

The options market is pricing in a significant move, suggesting that traders anticipate 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)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Health Care

n=30

Fade rate: 13 of 29 (45%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

History suggests that if Henry Schein beats expectations, the stock could rise by an average of 0.63%, confirming strong operational performance.

In-Line / Cautious

If results are in line but management provides cautious commentary, the stock may react neutrally, reflecting uncertainty.

Miss

If the company misses expectations, history suggests a potential decline of around 7.41%, indicating investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on revenue growth in the dental and medical segments.
2Details on cost management strategies and their impact on gross margins.
3Insights into market demand trends and how they are affecting sales.
4Management's outlook on competitive pressures in the health care distribution space.
5Any commentary on potential acquisitions or partnerships that could drive growth.