Stericycle Earnings Cheat Sheet: Profits Climb for Third Straight Quarter

S&P 500 (NYSE:SPY) component Stericycle, Inc. (NASDAQ:SRCL) reported its results for the first quarter. Stericycle, Inc. manages regulated waste and provides related services. It operates in the United States, Canada, Argentina, Chile, Mexico, Ireland, Portugal, Romania, and the United Kingdom.

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Stericycle Earnings Cheat Sheet for the First Quarter

Results: Net income for Stericycle, Inc. rose to $55.7 million (64 cents/share) vs. $48.1 million (56 cents/share) in the same quarter a year earlier. A rise of 15.7% from the year earlier quarter.

Revenue: Rose 18.8% to $398.1 million YoY.

Actual vs. Wall St. Expectations: SRCL reported adjusted net income of 68 cents/share. By this measure, the company beat the mean analyst estimate of 66 cents/share. Estimates ranged from 64 cents per share to 68 cents per share.

Key Stats: The company has enjoyed double-digit year-over-year revenue growth for the past five quarters. Over that span, the company has averaged growth of 21.5%, with the biggest boost coming in the fourth quarter of the last fiscal year when revenue rose 25.5% from the year earlier quarter.

The company has now seen net income rise in three-straight quarters. In the fourth quarter of the last fiscal year, net income rose 12% and in the third quarter of the last fiscal year, the figure rose 21.8%.

Competitors to Watch: Waste Management, Inc. (NYSE:WM), Intl. Power Group, Ltd. (IPWG), Energy Quest Inc (EQST), Republic Services, Inc. (NYSE:RSG), Sharps Compliance Corp. (NASDAQ:SMED), ZhongDe Waste Tech. AG (ZEF), Questor Technology Inc. (QST), Environmental Waste Intl. Inc. (NYSE:EWS), The TEG Group PLC (NYSE:TEG), and Metal & Recycling Co. KSCC (MRC).

Today’s Performance: Shares of SRCL were down 0.64% in after hours trading and closed at $94.29 on April 27th:


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