Stericycle: Q4 Earnings Snapshot
BANNOCKBURN, Ill. (AP) _ Stericycle Inc. (SRCL) on Thursday reported a loss of $17.2 million in its fourth quarter.
The Bannockburn, Illinois-based company said it had a loss of 19 cents per share. Earnings, adjusted for non-recurring costs, were 38 cents per share.
The results fell short of 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 $657.3 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $659.7 million.
For the year, the company reported a loss of $27.8 million, or 30 cents per share. Revenue was reported as $2.65 billion.