Steris (STE) Matches Q3 Earnings Estimates

Group 1 - Steris reported quarterly earnings of $2.32 per share, matching the Zacks Consensus Estimate, and showing an increase from $2.22 per share a year ago [1] - The company posted revenues of $1.37 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 0.67%, and down from $1.4 billion year-over-year [2] - Steris shares have increased approximately 6.7% since the beginning of the year, outperforming the S&P 500's gain of 2.7% [3] Group 2 - The earnings outlook for Steris is mixed, with the current consensus EPS estimate for the coming quarter at $2.60 on revenues of $1.49 billion, and $9.08 on revenues of $5.48 billion for the current fiscal year [7] - The Medical - Instruments industry, to which Steris belongs, is currently ranked in the top 34% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]