Sotera Health Q2 Adjusted EPS $0.21 Beats $0.18 Estimate, Sales $255.28M Miss $261.05M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sotera Health (NASDAQ:SHC) reported Q2 earnings of $0.21 per share, beating the analyst consensus estimate of $0.18 by 16.67%. However, this is a 22.22% decrease from the same period last year. The company's quarterly sales of $255.28 million missed the analyst consensus estimate of $261.05 million by 2.21%, marking a 4.26% decrease from the same period last year.
August 04, 2023 | 12:58 pm
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Sotera Health's Q2 earnings beat estimates but sales missed, and both earnings and sales decreased compared to the same period last year.
Sotera Health's earnings beat estimates, which is a positive signal. However, the company's sales missed estimates and both earnings and sales decreased compared to the same period last year, which could negatively impact investor sentiment. The net effect on the stock price is uncertain in the short term.
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