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

Stericycle

02/11/2023 14:31

* Stericycle Inc  SRCL.OQ  reported quarterly adjusted
earnings of
43 cents​​ per share for the quarter ended in September, lower
than the same quarter last year, when the company reported EPS
of 65 cents.  The mean expectation of seven analysts for the
quarter was for earnings of 45 cents per share. Wall Street
expected results to range from 38 cents to 48 cents per share.
    * Revenue fell 5.3% to $653.50 million from a year ago;
analysts
expected $679.04 million. 
    * Stericycle Inc's reported EPS for the quarter was 2
cents​.
    * The company reported quarterly net income of $2 million.
    * Stericycle Inc shares had fallen by 8.2% this quarter and
lost 17.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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 1 "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
$55.00 
This summary was machine generated from LSEG data November 2 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.45           0.43           Missed
 Jun. 30 2023      0.49           0.43           Missed
 Mar. 31 2023      0.44           0.49           Beat
 Dec. 31 2022      0.60           0.60           Met