Pop Pulse News

STERIS Plc Q2 Profit Increases, Beats Estimates


STERIS Plc Q2 Profit Increases, Beats Estimates

(RTTNews) - STERIS plc (STE) released a profit for its second quarter that increased from the same period last year and beat the Street estimates.

The company's earnings totaled $150.2 million, or $1.51 per share. This compares with $119.8 million, or $1.20 per share, in last year's second quarter.

Excluding items, STERIS plc reported adjusted earnings of $212.2 million or $2.14 per share for the period.

Analysts on average had expected the company to earn $2.12 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.4% to $1.329 billion from $1.238 billion last year.

STERIS plc earnings at a glance (GAAP) :

-Earnings (Q2): $150.2 Mln. vs. $119.8 Mln. last year. -EPS (Q2): $1.51 vs. $1.20 last year. -Revenue (Q2): $1.329 Bln vs. $1.238 Bln last year.

-Guidance: Full year EPS guidance: $9.05 to $9.25

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Previous articleNext article

POPULAR CATEGORY

corporate

7839

tech

8919

entertainment

9797

research

4223

wellness

7607

athletics

10070