A Glimpse of Sotera Health's Earnings Potential

Sotera Health (NASDAQ:SHC) is preparing to release its quarterly earnings on Tuesday, 2024-11-05. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Sotera Health to report an earnings per share (EPS) of $0.18.

Sotera Health bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Overview of Past Earnings

The company's EPS beat by $0.03 in the last quarter, leading to a 3.38% increase in the share price on the following day.

Here's a look at Sotera Health's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.16

0.12

0.26

0.20

EPS Actual

0.19

0.13

0.26

0.21

Price Change %

3.0%

1.0%

-14.000000000000002%

-0.0%

Stock Performance

Shares of Sotera Health were trading at $15.86 as of November 01. Over the last 52-week period, shares are up 16.56%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Views on Sotera Health

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Sotera Health.

Analysts have given Sotera Health a total of 2 ratings, with the consensus rating being Outperform. ...