Recap: Steris Q2 Earnings
Portfolio Pulse from Benzinga Insights
Steris (NYSE:STE) reported Q2 earnings, beating estimates by 1.0% with an EPS of $2.03. Revenue was up $141.00 million from the same period last year. Last quarter, the company beat EPS by $0.14, leading to a 1.69% increase in share price the next day. Steris management provided guidance for FY 2024, expecting earnings between $8.6 and $8.8 per share.
November 07, 2023 | 9:40 pm
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Steris reported Q2 earnings, beating estimates and showing increased revenue. The company also provided positive guidance for FY 2024.
Steris beat earnings estimates and showed increased revenue, which is generally a positive signal for investors. The company's positive guidance for FY 2024 also indicates expected continued growth, which could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100