Stericycle reports Q3 adjusted EPS 43c, consensus 45c

Reports Q3 revenue $653.5M, consensus $679.04M. “In the quarter, our team members successfully deployed the ERP to the U.S. regulated waste business and RWCS revenue grew in a period of the ERP deployment. Additionally, we drove cost efficiencies that helped mitigate headwinds of about $30 million in commodity indexed revenues impacting the business,” said Cindy J. Miller, President and Chief Executive Officer. “The success of both our ERP implementation and our on-going continuous improvement efforts supports our longer-term outlook.”