Steris gains on fourth-quarter profit beat

Steris

11/05/2023 15:56

** Shares of medical equipment provider Steris  STE.N  rise
~12% to $211.68 - hitting highest levels in more than three
months 
    ** Stock top pct gainer on the S&P 500 index  .SPX  
    ** Steris reports fourth-quarter profit of $2.30 per share,
compared with analysts' estimates of $2.15 per share - Refinitiv
    ** Total revenue for the quarter was $1.38 bln, above
analysts' estimates of $1.27 bln 
    ** Co sees fiscal 2024 adj. profit in range of $8.55 to
$8.75 per share, in line with analysts' estimates of $8.75/share
profit
    ** Including session moves, STE up ~13% YTD

 (Reporting by Bhanvi Satija in Bengaluru)
 ((Bhanvi.Satija@thomsonreuters.com; Outside U.S. +91
9873062788;))