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STERIS plc Q3 adjusted earnings Beat Estimates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

STERIS plc (STE) announced a profit for its third quarter that increased from last year.

The company's bottom line came in at $114.50 million, or $1.33 per share. This compares with $104.93 million, or $1.23 per share, in last year's third quarter.

Excluding items, STERIS plc reported adjusted earnings of $149.23 million or $1.73 per share for the period.

Analysts had expected the company to earn $1.52 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.5% to $808.92 million from $774.26 million last year.

STERIS plc earnings at a glance:

-Earnings (Q3): $149.23 Mln. vs. $123.99 Mln. last year.
-EPS (Q3): $1.73 vs. $1.45 last year.
-Analysts Estimate: $1.52
-Revenue (Q3): $808.92 Mln vs. $774.26 Mln last year.

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