Recap: Steris Q2 Earnings - Steris (NYSE:STE)

Steris STE reported its Q2 earnings results on Tuesday, November 7, 2023 at 04:30 PM.

Here's what investors need to know about the announcement.

Steris beat estimated earnings by 1.0%, reporting an EPS of $2.03 versus an estimate of $2.01.

Revenue was up $141.00 million from the same period last year.

Last quarter the company beat on EPS by $0.14 which was followed by a 1.69% increase in the share price the next day.

Here's a look at Steris's past performance:

Quarter	Q1 2024	Q4 2023	Q3 2023	Q2 2023
EPS Estimate	1.86	2.15	2.19	1.98
EPS Actual	2	2.30	2.02	1.99
Revenue Estimate	1.19B	1.27B	1.27B	1.22B
Revenue Actual	1.28B	1.39B	1.22B	1.20B

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).

Steris management provided guidance for FY 2024, expecting earnings between $8.6 and $8.8 per share.

To track all earnings releases for Steris visit their earnings calendar here.

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