Stericycle: Q2 Earnings Snapshot
BANNOCKBURN, Ill. (AP) _ Stericycle Inc. (SRCL) on Friday reported second-quarter profit of $10.5 million.
The Bannockburn, Illinois-based company said it had net income of 11 cents per share. Earnings, adjusted for amortization costs and non-recurring costs, were 48 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share.
The medical waste management company posted revenue of $679.8 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $669.4 million.