Investing.com - Stericycle (NASDAQ:SRCL) reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Stericycle announced earnings per share of $0.52 on revenue of $785M. Analysts polled by Investing.com anticipated EPS of $0.58 on revenue of $792.67M. That with comparison to EPS of $0.57 on revenue of $830.1M in the same period a year before. Stericycle had reported EPS of $0.72 on revenue of $799.9M in the previous quarter. Analysts are expecting EPS of $0.58 and revenue of $812.71M in the upcoming quarter.
Stericycle shares are down 26% from the beginning of the year , still down 30.82% from its 52 week high of $67.94 set on February 7. They are under-performing the Nasdaq which is down 2.05% year to date.
Stericycle follows other major Services sector earnings this month
Stericycle's report follows an earnings missed by Amazon.com on April 30, who reported EPS of $5.01 on revenue of $75.45B, compared to forecasts EPS of $6.16 on revenue of $73.74B.
Visa A had beat expectations on April 30 with second quarter EPS of $1.39 on revenue of $5.85B, compared to forecast for EPS of $1.34 on revenue of $5.72B.
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