Stericycle: Q1 Earnings Snapshot

April 28, 2022 GMT

BANNOCKBURN, Ill. (AP) _ Stericycle Inc. (SRCL) on Thursday reported a loss of $14.2 million in its first quarter.

The Bannockburn, Illinois-based company said it had a loss of 15 cents per share. Earnings, adjusted for non-recurring costs, were 32 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.

The medical waste management company posted revenue of $664.2 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $667.3 million.

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