Stericycle 2Q Earnings Pregame Scorecard
Having topped analysts' estimates last quarter by 2 cents per share, Stericycle (NASDAQ:SRCL) is expected to deliver its latest earnings on Wednesday, July 25, 2012.
Expectations
Analysts currently expect Stericycle to come in with earnings of 80 cents per share on revenues of $467.7 million. Estimates range from earnings per share to earnings per share. Over the past three months, the average estimate has moved up from 79 cents.
Stock Movement
In terms of price changes, the stock's best recent streak was when it gained $5.43 per share between May 18, 2012 and May 24, 2012.
Company Fundamental Trends With double-digit revenue growth the past four quarters, this earnings release is a chance to keep that positive trend going. The company has averaged year-over-year revenue growth of 15.8% over the last four quarters. The impending earnings announcement offers the opportunity expand on positive earnings momentum gained over last three quarters. Net income rose 4.5% in the third quarter of the last fiscal year and 28.6% in the fourth quarter of the last fiscal year before increasing again in the first quarter.
Stock Ratings
Analysts are bullish on the stock as eight analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
Last Quarter's Results
In the first quarter, profit rose 16.5% to $64.9 million (75 cents a share) from $55.7 million (64 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 15.6% to $460.1 million from $398.1 million.
Summary
Reporting Period: 2Q
Date of Release: Wednesday, July 25, 2012
EPS: 80 cents
Revenue Estimate: $467.7 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)