Stericycle Q2 Adj. EPS $0.43 Misses $0.49 Estimate, Sales $669.50M Miss $683.48M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stericycle (NASDAQ:SRCL) reported Q2 adjusted earnings of $0.43 per share, missing the analyst consensus estimate of $0.49 by 12.24%. This is a 10.42% decrease from the same period last year. The company also reported quarterly sales of $669.50 million, missing the analyst consensus estimate of $683.48 million by 2.05%, a 1.52% decrease from the same period last year.
July 27, 2023 | 11:07 am
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Stericycle's Q2 earnings and sales missed estimates, indicating a potential negative impact on the stock in the short term.
Stericycle's Q2 earnings and sales fell short of analyst estimates, which could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100