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

Sotera Health

01/11/2023 13:32

* Sotera Health Co  SHC.OQ  reported quarterly adjusted
earnings
of 21 cents​​ per share for the quarter ended in September,
lower than the same quarter last year, when the company reported
EPS of 23 cents.  The mean expectation of six analysts for the
quarter was for earnings of 20 cents per share. Wall Street
expected results to range from 18 cents to 21 cents per share.
    * Revenue rose 5.8% to $263.18 million from a year ago;
analysts
expected $264.55 million. 
    * Sotera Health Co's reported EPS for the quarter was a loss
of 5
cents​.
    * The company reported a quarterly loss of $13.66 million.
    * Sotera Health Co shares had fallen by 15.5% this
quarter and
gained 52.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 14.1%
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 3 "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 $20.00 
This summary was machine generated from LSEG data November 1 at
01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.20           0.21           Beat
 Jun. 30 2023      0.18           0.21           Beat
 Mar. 31 2023      0.14           0.13           Missed
 Dec. 31 2022      0.22           0.25           Beat