STERIS plc Ordinary Shares (STE) reported quarterly earnings results on Tuesday, Aug-9-2016. The company said it had a profit of $0.79 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $0.77. The company posted revenue of $638.40 million in the period, compared to analysts expectations of $641.00 million. The company’s revenue was up 45.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 EPS.
Many Wall Street Analysts have commented on STERIS plc Ordinary Shares. STERIS plc Ordinary Shares was Upgraded by Northcoast to ” Buy” on Jun 3, 2016.
STERIS plc Ordinary Shares opened for trading at $72.59 and hit $73 on the upside on Monday, eventually ending the session at $72.58, with a gain of 0.15% or 0.11 points. The heightened volatility saw the trading volume jump to 8,66,769 shares. Company has a market cap of $6,242 M.
In a different news, on Feb 18, 2016, Walter M Jr Rosebrough (President & CEO) sold 10,000 shares at $64.27 per share price. According to the SEC, on Nov 10, 2015, Kathleen Bardwell (Sr.V. P. & C.C.O.) sold 2,496 shares at $74.21 per share price. On Nov 10, 2015, Kevin M Mcmullen (director) sold 8,000 shares at $74.42 per share price, according to the Form-4 filing with the securities and exchange commission.