09:26 AM EDT, 07/31/2024 (MT Newswires) -- Dentsply Sirona ( XRAY ) reported Q2 adjusted earnings Wednesday of $0.49 per diluted share, compared with $0.51 a year earlier.

Analysts surveyed by Capital IQ expected $0.49.

Revenue for the quarter ended June 30 was $984 million, compared with $1.03 billion a year earlier.

Analysts surveyed by Capital IQ expected $993.4 million.

The dental equipment company lowered its adjusted earnings and revenue guidance for full-year 2024. It now expects adjusted adjusted earnings of $1.96 to $2.02 per share, down from previous guidance of $2.00 to $2.10. And it now expects organic sales to be down 1% to flat in 2024 from 2023, compared with previous guidance of flat to up to 1.5% growth.

Shares of Dentsply Sirona ( XRAY ) were down 4% in recent Wednesday premarket activity.

Price: 25.70, Change: -1.08, Percent Change: -4.03