Stericycle, Inc. Reports Results for the First Quarter 2019
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Stericycle (SRCL) Misses Q1 EPS by 30c, Revenues Miss
May 2, 2019 4:03 PM EDTStericycle (NASDAQ: SRCL) reported Q1 EPS of $0.57, $0.30 worse than the analyst estimate of $0.87. Revenue for the quarter came in at $830.1 million versus the consensus estimate of $865.23 million.
Revenues for the first quarter of 2019 reflect year-over-year foreign exchange impact and expected softness in recall activity. Our operational and financial performance remains steady when considering significant weather impacts. Given our performance, we remain confident in our guidance for 2019, said Cindy Miller, Chief Executive Officer.
We will complete the build phase of our ERP this month and have moved into the test and train phases, positioning us well... More
