Seven Takeaways from Stericycle's 2015 Results

Allan Gerlat, News Editor

February 8, 2016

1 Min Read
Seven Takeaways from Stericycle's 2015 Results

Medical waste firm Stericycle Inc. posted lower net income but higher revenue for its fourth quarter and year.

Here are seven takeaways from the Lake Forest, Ill.-based company’s latest results, for the quarter and year ended Dec. 31.

  1. Net income for the quarter fell 4.4 percent to $78.9 million, or 80 cents per diluted share, compared with $82.5 million, or 96 cents per diluted share, in the 2014 period.

  2. Revenue climbed 31.2 percent for the final period to $888.3 million from $676.9 million a year earlier.

  3. For the year, net profits dipped 18.1 percent to $267.1 million, or $2.96 per diluted share, compared with $326.5 million, or $3.79 per diluted share, for 2014.

  4. Revenue advanced 16.8 percent for 2015 to $2.99 billion from $2.56 billion a year ago.

  5. For the 2015 fourth quarter Stericycle said acquisitions added about $200 million in revenue.

  6. Zacks Equity Research said Stericycle’s adjusted net earnings for the fourth quarter of $1.11 per share beat the Zacks Consensus Estimate of $1.08 per share. Revenue, however, missed the Zacks Consensus Estimate of $899 million.

  7. In July Stericycle made a huge acquisition, buying information destruction firm Shred-it International for $2.3 billion.

About the Author(s)

Allan Gerlat

News Editor, Waste360

Allan Gerlat joined the Waste360 staff in September 2011 as news editor. He was the editor of Waste & Recycling News for the first 16 years of its history, and under his guidance the publication won 27 national and regional awards.

Before Waste & Recycling News, Allan worked at another Crain Communications publication, Rubber & Plastics News, which covers rubber product manufacturing. He began with the publication as associate editor and eventually became managing editor, a position he held for nine years.

Allan is a graduate of Ohio University, where he earned a BS in journalism. He is based in Sagamore Hills, in northeast Ohio.

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