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Steris: Fiscal 4Q Earnings Snapshot

DERBY, Britain (AP) _ Steris Corp. (STE) on Monday reported fiscal fourth-quarter profit of $108.7 million.

On a per-share basis, the Derby, Britain-based company said it had profit of $1.27. Earnings, adjusted for one-time gains and costs, were $1.53 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share.

The medical products maker posted revenue of $768.2 million in the period.

For the year, the company reported profit of $304.1 million, or $3.56 per share. Revenue was reported as $2.78 billion.

Steris expects full-year earnings in the range of $5.28 to $5.43 per share.

Steris shares have risen 17% since the beginning of the year. In the final minutes of trading on Monday, shares hit $125.05, an increase of 21% 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