Sotera Health Co reports results for the quarter ended in September 30 - Earnings Summary

Sotera Health

06/11/2024 05:10

* Sotera Health Co  SHC.OQ  reported quarterly adjusted
earnings
of 17 cents​​ per share for the quarter ended September 30,
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 18 cents per share. Wall Street
expected results to range from 18 cents to 19 cents per share.
    * Revenue rose 8.5% to $285.47 million from a year ago;
analysts
expected $278.59 million. 
    * Sotera Health Co's reported EPS for the quarter was 6
cents​.
    * The company reported quarterly net income of $17 million.
    * Sotera Health Co shares had fallen by 7.7% this
quarter and
lost 8.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.7%
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 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 $17.00 
This summary was machine generated from LSEG data November 6 at
05:10 a.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
 Sep. 30 2024      0.18           0.17           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