Investing.com - Stericycle (NASDAQ:SRCL) reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Stericycle announced earnings per share of $0.48 on revenue of $679.8M. Analysts polled by Investing.com anticipated EPS of $0.4733 on revenue of $675.84M.
Stericycle shares are down 55.39% from the beginning of the year and are trading at $49.99 , down-from-52-week-high.They are under-performing the Nasdaq which is down 19.75% from the start of the year.
Stericycle shares gained 5.81% in intra-day trade following the report.
Stericycle follows other major Industrials sector earnings this month
Stericycle's report follows an earnings beat by United Parcel Service on Tuesday, July 26, 2022, who reported EPS of $3.29 on revenue of $24.77B, compared to forecasts EPS of $3.16 on revenue of $24.65B.
Union Pacific had beat expectations on Thursday, July 21, 2022 with second quarter EPS of $2.93 on revenue of $6.27B, compared to forecast for EPS of $2.84 on revenue of $6.12B.
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