Stericycle Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - Stericycle Inc. (SRCL) revealed a profit for third quarter that fell from the same period last year.

The company's earnings came in at $17.5 million, or $0.20 per share. This compares with $35.5 million, or $0.41 per share, in last year's third quarter.

Excluding items, Stericycle Inc. reported adjusted earnings of $93.5 million or $1.03 per share for the period.

Analysts had expected the company to earn $1.01 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 3.2% to $854.9 million from $882.8 million last year.

Stericycle Inc. earnings at a glance:

-Earnings (Q3): $93.5 Mln. vs. $99.5 Mln. last year. -EPS (Q3): $1.03 vs. $1.10 last year. -Analysts Estimate: $1.01 -Revenue (Q3): $854.9 Mln vs. $882.8 Mln last year.

-Guidance: Full year EPS guidance: $4.31 - $4.41 Full year revenue guidance: $3.44 - $3.52 Bln