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February 16. 2012 10:00AM - Last modified: February 16. 2012 10:08AM

HMA exceeds, Dentsply misses earnings estimate

By Jason Scott

A York-based dental products maker and Florida-based acute care hospital operator with several midstate facilities reported fourth-quarter and 2011 annual earnings this week.


Dentsply International Inc. today reported net income of $40.6 million, or 28 cents per diluted share, compared with 47 cents per diluted share in the fourth quarter of 2010. The company's adjusted earnings were 51 cents per diluted share, which was down from 52 cents per diluted shared in the year-ago quarter.

Earnings in the fourth quarter of 2011 reflect the orthodontic supply outage and the weakening of European currencies during the quarter, the company said

Analysts had expected 52 cents per share, according to Yahoo Finance.

For the year, Dentsply reported net income of $244.5 million, or $1.70 per diluted share, compared with $265.7 million, or $1.82 per diluted share for 2010. The adjusted earnings were $2.03 per diluted shared compared with $1.94 in 2010.

Shares of Dentsply are traded on the Nasdaq under the ticker symbol XRAY.



Health Management Associates Inc., the parent company of three hospitals in Cumberland and Lancaster counties, on Monday reported fourth-quarter earnings per diluted share of 26 cents, surpassing the year-ago earnings per share of 16 cents.

Analysts had expected 18 cents per share, according to Yahoo Finance.

For the year, the company posted earnings of 86 cents per diluted share compared with 65 cents per diluted share in 2010.

Health Management owns Carlisle Regional Medical Center in South Middleton Township, Cumberland County; Heart of Lancaster Regional Medical Center in Warwick Township, Lancaster County; and Lancaster Regional Medical Center in Lancaster.

Earlier this month, HMA announced it had signed a definitive agreement to form a joint venture with Integris Health of Oklahoma, which would result in HMA owning 80 percent of five Integris hospitals and managing them.

These five hospitals represent 226 licensed beds and have generated about $95 million of revenue over the last 12 months, according to HMA.

Shares of HMA are traded on the New York Stock Exchange under the ticker symbol HMA.


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