Sotera Health Co reports results for the quarter ended in December - Earnings Summary

Sotera Health

27/02/2024 14:31

* Sotera Health Co  SHC.OQ  reported quarterly adjusted
earnings
of 26 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of 25 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 26 cents per
share. Wall Street expected results to range from 24 cents to 28
cents per share.
    * Revenue rose 23.3% to $310.24 million from a year ago;
analysts
expected $302.15 million. 
    * Sotera Health Co's reported EPS for the quarter was 14
cents​.
    * The company reported quarterly net income of $38.68
million.
    * Sotera Health Co shares had risen by 1.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Sotera
Health Co
is $16.50 

This summary was machine generated from LSEG data February 27 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.26           0.26           Met
 Sep. 30 2023      0.20           0.21           Beat
 Jun. 30 2023      0.18           0.21           Beat
 Mar. 31 2023      0.14           0.13           Missed