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

Stericycle

25/07/2024 17:38

* Stericycle Inc  SRCL.OQ  reported quarterly adjusted
earnings of
50 cents​​ per share for the quarter ended in June, higher than
the same quarter last year, when the company reported EPS of 43
cents.  The mean expectation of six analysts for the quarter was
for earnings of 57 cents per share. Wall Street expected
results to range from 56 cents to 58 cents per share.
    * Revenue fell 1.2% to $661.60 million from a year ago;
analysts
expected $671.51 million. 
    * Stericycle Inc's reported EPS for the quarter was 6
cents​.
    * The company reported quarterly net income of $6 million.
    * Stericycle Inc shares had risen by 0.6% this quarter and
gained 18.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.3%
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 1 "strong buy" or "buy," 7
"hold" and no "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
$62.00 
This summary was machine generated from LSEG data July 25 at
04:38 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      0.57           0.50           Missed
 Mar. 31 2024      0.56           0.57           Beat
 Dec. 31 2023      0.47           0.54           Beat
 Sep. 30 2023      0.45           0.43           Missed