Tuesday, STERIS Corp. (STE) said its third-quarter net income increased to $41.0 million or $0.69 per share from $28.6 million or $0.48 per share in the prior year period.
Excluding both the restructuring charge and the adjustment for benefit changes, net of tax, fiscal 2009 third quarter net income was $31.3 million, or $0.53 per share. On average, 6 analysts polled by Thomson Reuters expected the company to report earnings of $0.48 per share for the quarter.
Revenues for the quarter rose to $327.83 million from $319.46 million in the comparable period. Four analysts estimated revenues of $309.68 million for the quarter.
Also, STERIS said its Board of Directors have authorized a regular quarterly dividend in the amount of $0.11 per common share, payable on March 23, 2010 to shareholders of record at the close of business on February 23, 2010.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.