01.08.2023 23:30:41 - dpa-AFX: STERIS plc Q1 Profit Increases, beats estimates
WASHINGTON (dpa-AFX) - STERIS plc (STE) revealed earnings for its first
quarter that increased from the same period last year and beat the Street
estimates.
The company's earnings came in at $123.6 million, or $1.25 per share. This
compares with $111.3 million, or $1.10 per share, in last year's first quarter.
Excluding items, STERIS plc reported adjusted earnings of $198.2 million or
$2.00 per share for the period.
Analysts on average had expected the company to earn $1.87 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 10.3% to $1.28 billion from $1.16
billion last year.
STERIS plc earnings at a glance (GAAP) :
-Earnings (Q1): $123.6 Mln. vs. $111.3 Mln. last year.
-EPS (Q1): $1.25 vs. $1.10 last year.
-Analyst Estimate: $1.87
-Revenue (Q1): $1.28 Bln vs. $1.16 Bln last year.
-Guidance:
Full year EPS guidance: $8.60 to $8.80
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