Steris expects 2027 profit to beat market estimates
Steris expects 2027 earnings between $11.10 and $11.30 per share. The company also authorized a new $1 billion share repurchase program as demand remains firm.
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STERIS PLC forecast fiscal 2027 adjusted profit between $11.10 and $11.30 per share on Monday. The outlook exceeds the $11.10 per share average analyst estimate compiled by LSEG. Fourth-quarter adjusted profit came in at $2.83 per share, missing the $2.85 per share estimate.
### Healthcare Demand Offsets Earnings Miss Revenue for the quarter ended March 31 rose 7% to $1.6 billion, slightly ahead of the $1.59 billion consensus. The board authorized a new $1 billion share repurchase program to return capital to shareholders.
