Steris falls after maintaining annual profit forecast, despite quarterly revenue beat

Steris

04/02/2026 22:20

** Shares of medical equipment maker Steris STE.N down ~4% at $255 after the bell

** Co maintains annual profit forecast after slightly beating estimates for third-quarter revenue on strength in its sterilization products

** STE expects its 2026 adjusted profit in the range of $10.15 to $10.30 per share, while analysts expect a profit of $10.22 per share for the year — data compiled by LSEG

** Reports quarterly revenue of $1.5 billion, slightly above analysts' estimates of $1.48 billion

** Stock rose 23% in 2025

(Reporting by Koyena Das in Bengaluru)

((koyena.das@thomsonreuters.com))