Revenue Update on STERIS plc Ordinary Shares(NYSE:STE)

STERIS plc Ordinary Shares(NYSE:STE) announced the earnings results for Fiscal Year 2017 and Q1. The results came in during Pre-market on Aug 9, 2016. Company reported revenue of $638.38M. Analysts estimated a revenue of $639.04M. Earnings per share were $0.79. Analysts had estimated an EPS of $0.77.

STERIS plc Ordinary Shares (STE) shares turned negative on Wednesdays trading session with the shares closing down -0.71 points or -1.00% at a volume of 3,44,983. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $71.11. The peak price level was also seen at $71.11 while the days lowest was $70.3. Finally the shares closed at $70.39. The 52-week high of the shares is $78.7699 while the 52-week low is $60.75. According to the latest information available, the market cap of the company is $6,064 M.

Several Insider Transactions has been reported to the SEC. On Feb 18, 2016, Walter M Jr Rosebrough (President & CEO) sold 10,000 shares at $64.27 per share price.Also, On Nov 10, 2015, Kathleen Bardwell (Sr.V. P. & C.C.O.) sold 2,496 shares at $74.21 per share price.On Nov 10, 2015, Kevin M Mcmullen (director) sold 8,000 shares at $74.42 per share price, according to the Form-4 filing with the securities and exchange commission.

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