Earnings Outlook For Steris

Steris STE is preparing to release its quarterly earnings on Wednesday, 2024-11-06. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Steris to report an earnings per share (EPS) of $2.12.

Steris bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

In the previous earnings release, the company beat EPS by $0.05, leading to a 2.36% drop in the share price the following trading session.

Here's a look at Steris's past performance and the resulting price change:

Performance of Steris Shares

Shares of Steris were trading at $225.82 as of November 04. Over the last 52-week period, shares are up 10.14%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all earnings releases for Steris visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.