Seven Takeaways from Stericycle's 2015 Results

Allan Gerlat, News Editor

February 8, 2016

1 Min Read
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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

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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