Sotera Health Co reports results for the quarter ended in January - Earnings Summary
05/08/2024 14:31
* Sotera Health Co SHC.OQ reported quarterly adjusted
earnings
of 19 cents per share for the quarter ended in January, lower
than the same quarter last year, when the company reported EPS
of 21 cents. The mean expectation of eight analysts for the
quarter was for earnings of 16 cents per share. Wall Street
expected results to range from 16 cents to 17 cents per share.
* Revenue fell 6.9% to $237.76 million from a year ago;
analysts
expected $266.44 million.
* Sotera Health Co's reported EPS for the quarter was 3
cents.
* The company reported quarterly net income of $8.75
million.
* Sotera Health Co shares had risen by 11.4% this
quarter and
lost 21.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the healthcare
facilities & services peer group is also "buy"
Wall Street's median 12-month price target for Sotera Health Co
is $15.25
This summary was machine generated from LSEG data August 5 at
01:31 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
Jun. 30 2024 0.16 0.19 Beat
Mar. 31 2024 0.13 0.13 Met
Dec. 31 2023 0.26 0.26 Met
Sep. 30 2023 0.20 0.21 Beat