Image source: The Motley Fool. Stericycle Incorporated (NASDAQ: SRCL)Q1 2020 Earnings CallMay 7, 2020, 9:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning.
Consecutive lower-than-expected top-line performance, declining CRS businesses and foreign currency exchange rate fluctuations are weighing on Stericycle (SRCL) stock.
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There's been a notable change in appetite for Stericycle, Inc. (NASDAQ:SRCL) shares in the week since its full-year...
Stericycle is closely monitoring the advancement of the COVID-19 pandemic and has developed additional resources and guidelines for healthcare providers on the proper management of regulated medical waste generated during treatment of patients infected with COVID-19. Resources and guidelines were developed after careful consideration of infection control recommendations by government agencies and in direct consultation with Centers for Disease Control and Prevention (CDC), The Occupational Safety and Health Administration (OSHA) and Department of Transportation (DOT).
Q4 2019 Stericycle Inc Earnings Call
Stericycle's (SRCL) first-quarter 2020 earnings and revenues decline year over year.
Stericycle (SRCL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Stericycle, Inc. (SRCL) today announced that it has completed the previously reported divestiture of the Domestic Environmental Solutions business, excluding the healthcare customer and unused consumer pharmaceutical take-back services, to Harsco Corporation (HSC) for approximately $462.5 million in cash. "The sale of the Domestic Environmental Solutions business is the sixth divestiture we have completed over the last 15 months and demonstrates important progress in our transformation as we focus on our core business, reduce debt, enhance our balance sheet flexibility, and drive long-term shareholder value,” said Cindy J. Miller, Chief Executive Officer of Stericycle. Following the transaction, Stericycle will continue to offer solutions for unused consumer pharmaceutical take-back and provide hazardous waste services to healthcare customers as an integrated services provider.
Q1 2020 Stericycle Inc Earnings Call
Stericycle (SRCL) delivered earnings and revenue surprises of -20.00% and -2.46%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
This acquisition marks a significant step forward in Harsco’s ongoing transformation into a global, single-thesis environmental solutions platform, with significant financial benefits. More than 85 percent of the Company’s total revenue is now expected to come from environmental solutions and services. “The addition of ESOL adds a highly complementary, market-leading waste management portfolio to our already strong business, significantly expanding our scale and reach,” said Harsco Chairman and CEO Nick Grasberger.
BANNOCKBURN, Ill., May 27, 2020 -- Stericycle, Inc. (Nasdaq: SRCL) today announced that Cindy Miller, Chief Executive Officer; Janet Zelenka, Chief Financial Officer; and.
Moody's Investors Service, ("Moody's") assigned a Baa3 rating to Harsco Corporation's new $280 million senior secured delayed draw term loan A (TLA) due 2024. Harsco's other ratings and negative outlook remain unchanged. Harsco's Ba1 Corporate Family Rating (CFR) reflects the company's diversified revenue stream, and attractive market fundamentals of its environmental services business.
BANNOCKBURN, Ill., May 07, 2020 -- Stericycle, Inc. (Nasdaq: SRCL) today reported results for the first quarter ended March 31, 2020. Revenues for the quarter were $785.0.
Stericycle (SRCL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Medical waste company Stericycle and investment firm Saddle Point Management reached a settlement that hands the firm, founded by a former Pershing Square Capital Management partner, two board seats, said two sources familiar the matter. Stericycle will expand its 10-member board to 12 people and offer seats to James Martell, a former XPO Logistics director, and James Welch, a former chief executive at YRC Worldwide. The men were nominated by Saddle Point and bring expertise in trucking and logistics at a time some Stericycle investors have asked the $3.8 billion company to cut costs, pay down debt and sell non-core assets.
Company Announces Agreement with Saddle Point Management, L.P. The director nominations follow ongoing discussions with Saddle Point Management, L.P. (“Saddle Point”), a current investor in the Company.
The latest divestiture, being the sixth one in the past 15 months, reflects Stericycle's (SRCL) progress on its portfolio rationalization efforts.
Harsco's (HSC) buyout of Stericycle's Environmental Solutions business is likely to boost its environmental solutions and services business. The acquired assets will complement Harsco's Clean Earth business.