Steris (NYSE:STE) shares ticked up as the market closed today after reporting first-quarter results that beat the consensus forecast.
The Dublin, Ireland-based sterilization and surgical products company posted profits of $88.1 million, or $1.03 per share, on sales of $668.9 million for the three months ended June 30, 2020, for a 3.9% bottom-line gain despite a sales decline of 4%.
Adjusted to exclude one-time items, earnings per share were $1.31, 35¢ ahead of Wall Street, where analysts were looking for sales of $635.98 million.