Steris: Fiscal 1Q Earnings Snapshot
DUBLIN (AP) _ Steris Corp. (STE) on Monday reported fiscal first-quarter earnings of $84.6 million.
The Dublin-based company said it had profit of 99 cents per share. Earnings, adjusted for non-recurring costs, came to $1.23 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share.
The medical products maker posted revenue of $696.8 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $673.5 million.
Steris expects full-year earnings in the range of $5.38 to $5.53 per share.
Steris shares have increased 35% since the beginning of the year. In the final minutes of trading on Monday, shares hit $144.57, a climb of 24% in the last 12 months.