Stericycle, Inc. Reports Results for the Third Quarter 2018

Go back to Stericycle, Inc. Reports Results for the Third Quarter 2018

Stericycle (SRCL) Tops Q3 EPS by 2c, Revenues Miss; Offers FY18 EPS Views Below Consensus

November 1, 2018 4:04 PM EDT

Stericycle (NASDAQ: SRCL) reported Q3 EPS of $1.03, $0.02 better than the analyst estimate of $1.01. Revenue for the quarter came in at $854.9 million versus the consensus estimate of $856.36 million.

Revenues of $854.9 million, a decrease of 3.2%, in line with guidance; strength in Secure Information Destruction and other core services was offset by the expected decline in the small quantity (SQ) medical waste business, foreign exchange, divestitures, and a further... More