Stericycle Earnings: Everything You Must Know Now

Stericycle, Inc. (NASDAQ:SRCL) delivered a profit and met Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

Stericycle, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 12.82% to $0.88 in the quarter versus EPS of $0.78 in the year-earlier quarter.

Revenue: Rose 11.68% to $513.8 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Stericycle, Inc. reported adjusted EPS income of $0.88 per share. By that measure, the company met the mean analyst estimate of $0.88. It missed the average revenue estimate of $520.01 million.

Quoting Management: There was no comment from management.

Key Stats (on next page)…

Revenue increased 2.02% from $503.64 million in the previous quarter. EPS were the same at $0.88 as the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.90 to a profit $0.91. For the current year, the average estimate has moved up from a profit of $3.67 to a profit of $3.69 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)