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

Stericycle

25/04/2024 16:10

* Stericycle Inc  SRCL.OQ  reported quarterly adjusted
earnings of
57 cents​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of 49
cents.  The mean expectation of six analysts for the quarter was
for earnings of 56 cents per share. Wall Street expected
results to range from 52 cents to 59 cents per share.
    * Revenue fell 2.8% to $664.90 million from a year ago;
analysts
expected $676.42 million. 
    * Stericycle Inc's reported EPS for the quarter was 14
cents​.
    * The company reported quarterly net income of $13.1
million.
    * Stericycle Inc shares had fallen by 5.5% this quarter and
gained 0.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 15.1%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"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
$65.50 
This summary was machine generated from LSEG data April 25 at
03:10 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
 Mar. 31 2024      0.56           0.57           Beat
 Dec. 31 2023      0.47           0.54           Beat
 Sep. 30 2023      0.45           0.43           Missed
 Jun. 30 2023      0.49           0.43           Missed