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
For comments and feedback: editorial@rttnews.com