Sotera Health Co reports results for the quarter ended June 30 - Earnings Summary

• Sotera Health Co SHC.OQ reported quarterly adjusted earnings of 20 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 19 cents. The mean expectation of seven analysts for the quarter was for earnings of 17 cents per share. Wall Street expected results to range from 17 cents to 18 cents per share.

• Revenue rose 23.8% to $294.34 million from a year ago; analysts expected $275.89 million.

• Sotera Health Co's reported EPS for the quarter was 3 cents​.

• The company reported quarterly net income of $7.69 million.

• Sotera Health Co shares had risen by 0.9% this quarter and lost 18.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 3 "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 $15.50, about 27.6% above its last closing price of $11.22

This summary was machine generated from LSEG data August 8 at 02:53 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)