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Steris: Fiscal 4Q Earnings Snapshot

DUBLIN (AP) _ Steris Corp. (STE) on Wednesday reported fiscal fourth-quarter earnings of $123.3 million.

The Dublin-based company said it had profit of $1.44 per share. Earnings, adjusted for one-time gains and costs, were $1.64 per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.57 per share.

The medical products maker posted revenue of $823 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $788.4 million.

For the year, the company reported profit of $407.6 million, or $4.76 per share. Revenue was reported as $3.03 billion.

Steris shares have fallen 3.5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $147.06, an increase of 18% 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