SRCL Stock Recent News
SRCL LATEST HEADLINES
Stericycle (SRCL) evidences year-over-year decreases in revenues and earnings in the second quarter of 2023.
The headline numbers for Stericycle (SRCL) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
The mean of analysts' price targets for Stericycle (SRCL) points to a 25.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Stericycle (SRCL) has strong customer relationships, most of which include long-term contracts ranging from three to five years.
Stericycle (SRCL) has strong customer relationships that ensure a steady flow of revenues.
SRCL has left its full-year guidance intact, even though its Q1 2023 headline sales and organic revenue growth rates were above expectations. Stericycle appears to have the intention of executing on more value-accretive divestments and acquisitions in the future. I maintain my Buy rating for SRCL, as there are more potential positive surprises ahead for investors relating to its financial performance and portfolio optimization activities.
Stericycle (SRCL) is benefiting from its multi-year business initiative amid a highly competitive market.
Stericycle (SRCL) has strong customer relationships that ensure a steady flow of revenues.
BANNOCKBURN, Ill., May 18, 2023 (GLOBE NEWSWIRE) -- Stericycle, Inc. (Nasdaq: SRCL) today announced that Janet Zelenka, Chief Financial Officer and Chief Information Officer, will present at the Baird 2023 Global Consumer, Technology and Services Conference in New York on Thursday, June 8, 2023, and will participate in investor meetings along with Zabi Hotaki, Senior Vice President, Finance; and Andrew Ellis, Vice President Investor Relations and Enterprise Finance.
Stericycle's (SRCL) first-quarter 2023 revenues increase year over year.