Stericycle, Inc. ($SRCL) 3Q20 Earnings Preview

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Stericycle, Inc. (NASDAQ:SRCL) is set to announce third quarter earning results on Thursday 5th November 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, SRCL to report 3Q20 income of $ 0.56 per share.

For the full year, analysts anticipate top line of $ 2683.27 million, while looking forward to income of $ 2.15 per share bottom line.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 3,220.00 million ~ $ 3,300.00 million

Click Here For More Historical Outlooks Of Stericycle, Inc.

Previous Quarter Performance

Stericycle, Inc. communicated income for the second quarter of $ 0.46 per share, from the revenue of $ 598.20 million. The quarterly earnings down 17.86 percent while revenues dropped 29.27 percent compared with the same quarter last year.
Wall street analysts are predicting, SRCL to report 2Q20 income of $ 0.28 per share from revenue of $ 595.60 million. The bottom line results beat street analysts by $ 0.18 or 64.29 percent, at the same time, top line results outshined analysts by $ 2.60 million or 0.44 percent.

Stock Performance

Shares of Stericycle, Inc. traded low $ -0.08 or -0.12 percent on Wednesday, reaching $ 66.74 with volume of 390.20 thousand shares. Stericycle, Inc. has traded high as $ 69.17 and has cracked $ 66.47 on the downward trend

The closing price of $ 66.74, representing a 73.78 % increase from the 52 week low of $ 38.45 and a 3.4 % decrease over the 52 week high of $ 69.17.

The company has a market capital of $ 6.11 billion and is part of the Industrials sector and Waste Management industry.

Stericycle, Inc., together with its subsidiaries, provides regulated and compliance solutions to the healthcare, retail, and commercial businesses in the United States and internationally. It operates through three segments: Domestic and Canada Regulated Waste and Compliance; International Regulated Waste and Compliance; and Domestic Communication and Related Services. It collects and processes regulated and specialized waste for disposal services; and collects personal and confidential information for secure destruction, recall/return, and communication services.