Stericycle Inc reports results for the quarter ended in September 30 - Earnings Summary

Stericycle

01/11/2024 14:30

* Stericycle Inc  SRCL.OQ  reported quarterly adjusted
earnings of
53 cents​​ per share for the quarter ended September 30, 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 55 cents per share. Wall Street
expected results to range from 53 cents to 58 cents per share.
    * Revenue fell 0.8% to $648.40 million from a year ago;
analysts
expected $669.40 million. 
    * Stericycle Inc's reported EPS for the quarter was a loss
of 15
cents​.
    * The company reported a quarterly loss of $13.8 million.
    * Stericycle Inc shares had risen by 0.8% this quarter and
gained 24.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.8%
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 November 1 at
02:30 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
 Jan. 1 0001       0.55           0.53           Missed
 Jun. 30 2024      0.56           0.50           Missed
 Mar. 31 2024      0.56           0.57           Beat
 Dec. 31 2023      0.47           0.54           Beat