STERIS plc (STE) announced earnings for second quarter that decreased from the same period last year.
The company's bottom line totaled $69.81 million, or $0.69 per share. This compares with $105.86 million, or $1.23 per share, in last year's second quarter.
Excluding items, STERIS plc reported adjusted earnings of $200.31 million or $1.99 per share for the period.
Analysts had expected the company to earn $1.82 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 57.9% to $1.20 billion from $0.76 billion last year.
STERIS plc earnings at a glance:
-Earnings (Q2): $200.31 Mln. vs. $127.34 Mln. last year.-EPS (Q2): $1.99 vs. $1.48 last year.-Analysts Estimate: $1.82-Revenue (Q2): $1.20 Bln vs. $0.76 Bln last year.
-Guidance:Full year EPS guidance: $7.60 to $7.85
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.