Stericycle (SRCL) Misses Q4 EPS by 4c, Revenues Beat

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Go back to Stericycle (SRCL) Misses Q4 EPS by 4c, Revenues Beat

Stericycle, Inc. Reports Results For the Fourth Quarter 2020

February 25, 2021 7:00 AM EST

BANNOCKBURN, Ill., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Stericycle, Inc. (Nasdaq: SRCL) today reported results for the fourth quarter ended December 31, 2020.

Revenues for the fourth quarter were $655.9 million, a decrease of 18.0% compared to $799.9 million in the fourth quarter of last year due to the impact of divestitures and the COVID-19 pandemic-related business disruption.  Organic revenues declined 1.8% when excluding the impact of divestitures, foreign exchange rates, and changes in sorted office paper (SOP) pricing, primarily reflecting the impact of the pandemic-related business disruption.  Income from operations was $93.2 million, compared to a loss from operations of... More