Steris: Fiscal 3Q Earnings Snapshot




DERBY, Britain (AP) _ Steris Corp. (STE) on Monday reported fiscal third-quarter earnings of $47.9 million.

On a per-share basis, the Derby, Britain-based company said it had profit of 56 cents. Earnings, adjusted for non-recurring costs, came to $1.26 per share.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of $1.26 per share.

The medical products maker posted revenue of $696.2 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $687.9 million.

Steris expects full-year earnings in the range of $4.74 to $4.84 per share.

Steris shares have increased 12 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $119.90, a rise of 40 percent in the last 12 months.

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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 STE at https://www.zacks.com/ap/STE

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