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Sotera Health Q2 Adjusted Earnings Fall, Net Revenue Rises; Fiscal 2024 Guidance Reiterated
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Sotera Health Q2 Adjusted Earnings Fall, Net Revenue Rises; Fiscal 2024 Guidance Reiterated
Aug 5, 2024 4:55 AM

07:42 AM EDT, 08/05/2024 (MT Newswires) -- Sotera Health ( SHC ) reported Q2 adjusted earnings Monday of $0.19 per diluted share, down from $0.20 a year earlier.

Analysts polled by Capital IQ expected $0.16.

Net revenue for the quarter ended June 30 was $276.6 million, up from $255.3 million a year earlier.

Analysts surveyed by Capital IQ expected $266.4 million.

The company said it continues to expect fiscal 2024 adjusted EPS in the range of $0.67 to $0.75, with net revenue growth likely ranging between 4% and 6%. Analysts surveyed by Capital IQ expect a normalized EPS of $0.72.

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