Dentsply Sirona Inc. (NASDAQ:XRAY) stock is trading lower on Thursday after weaker-than-expected third-quarter earnings and lowered guidance.

• XRAY shares are approaching critical lows. Get the inside scoop here.

Adjusted earnings came in at 37 cents, down from 50 cents a year ago, beating the consensus of 45 cents. The decline was attributed to sales mix, tariffs and a higher tax rate.

The dental equipment company reported sales of $904 million, down 5% year over year, beating the consensus of $896.71 million.

Adjusted EBITDA margin improved 50 basis points to 18.4%. Expansion driven by reduced OpEx, partially offset by lower sales, unfavorable mix, ...