Sotera Health Q4 2023 Adj. EPS $0.26, Inline, Sales $310M Beat $302.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sotera Health (NASDAQ:SHC) reported Q4 2023 earnings of $0.26 per share, meeting analyst estimates, with sales of $310M surpassing the $302.15M forecast, marking a 23.22% increase from the previous year.
February 27, 2024 | 12:05 pm
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Sotera Health reported Q4 2023 earnings per share of $0.26, aligning with expectations, and sales of $310M, exceeding estimates by 2.60% and showing significant year-over-year growth.
Meeting earnings estimates while exceeding revenue forecasts suggests operational efficiency and market demand. The significant year-over-year sales growth indicates strong business momentum, likely leading to positive investor sentiment and potential stock price appreciation in the short term.
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