STERIS plc <STE>: Profits of $2.02 announced for third quarter

                                 
8 February 2023  11:40 p.m. ​All figures in US dollars.
The profits announced by STERIS plc in the third quarter  were
lower than the Refinitiv mean estimate  of profits.  The company
reported profits of  $2.02 per share, 10 cents lower than the
same quarter last year when the company reported EPS of $2.12. 
Profits of $2.19 per share were anticipated by the six analysts
providing estimates for the quarter. Wall Street expected
results to range from $2.17  to $2.26 per share,  with a
forecasted mean of $2.19 per share. The company reported revenue
of $1.22 billion, which is lower than the estimated $1.27
billion. 
RECOMMENDATIONS
* The consensus recommendation for the company is "Buy".
* The average consensus recommendation for the medical
equipment, supplies & distribution peer group is also "Buy".
FORECAST CHANGES
* Six analysts are currently providing Refinitiv with
estimates. 
* In the last week there have been no earnings estimate
revisions by analysts covering the company.    There was no
change to the number of estimates.   
YEAR OVER YEAR
* The company reported an increase in revenue to $1.22 billion
from $1.21 billion in the same quarter last year.​
* Previous quarterly performance (using earnings preferred
measure)
 QUARTER ENDING    ESTIMATE          ACTUAL      BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.98​             1.99        Beat
 Jun. 30 2022      1.92              1.90        Missed
 Mar. 31 2022      2.02              2.04        Beat​
 Dec. 31 2021      1.96              2.12        Beat
 This summary was machine generated from Refinitiv data February
8 at 11:40 p.m.