Sotera Health Co reports results for the quarter ended March 31 - Earnings Summary

• Sotera Health Co SHC.OQ reported quarterly adjusted earnings of 14 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 13 cents. The mean expectation of eight analysts for the quarter was for earnings of 12 cents per share. Wall Street expected results to range from 11 cents to 13 cents per share.

• Revenue rose 2.6% to $254.52 million from a year ago; analysts expected $245.79 million.

• Sotera Health Co's reported EPS for the quarter was a loss of 5 cents​.

• The company reported a quarterly loss of $13.26 million.

• Sotera Health Co shares had fallen by 1.4% this quarter and lost 15.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 14.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the healthcare facilities & services peer group is also "buy"

• Wall Street's median 12-month price target for Sotera Health Co is $14.00

This summary was machine generated from LSEG data May 1 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)