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Steris: Fiscal 3Q Earnings Snapshot

DUBLIN (AP) _ Steris Corp. (STE) on Monday reported fiscal third-quarter net income of $104.9 million.

On a per-share basis, the Dublin-based company said it had profit of $1.23. Earnings, adjusted for non-recurring costs, came to $1.45 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.

The medical products maker posted revenue of $774.3 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $749.7 million.

Steris expects full-year earnings in the range of $5.50 to $5.65 per share.

Steris shares have climbed 1% since the beginning of the year. In the final minutes of trading on Monday, shares hit $153.88, a climb of 30% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STE at https://www.zacks.com/ap/STE