Stericycle Inc reports results for the quarter ended in December - Earnings Summary

Stericycle

28/02/2024 16:36

* Stericycle Inc  SRCL.OQ  reported quarterly adjusted
earnings of
54 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of 60 cents.  The mean expectation of seven analysts for the
quarter was for earnings of 47 cents per share. Wall Street
expected results to range from 45 cents to 51 cents per share.
    * Revenue fell 2.7% to $652.00 million from a year ago;
analysts
expected $657.97 million. 
    * Stericycle Inc's reported EPS for the quarter was 16
cents​.
    * The company reported quarterly net income of $14.9
million.
    * Stericycle Inc shares had risen by 2.1% this quarter.

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 "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the environmental
services & equipment peer group is also "hold"

Wall Street's median 12-month price target for Stericycle Inc is
$50.00 
This summary was machine generated from LSEG data February 28 at
04:35 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      0.47           0.54           Beat
 Sep. 30 2023      0.45           0.43           Missed
 Jun. 30 2023      0.49           0.43           Missed
 Mar. 31 2023      0.44           0.49           Beat