PRESS-RELEASE ·Filed May 11, 2026

STE

STERIS plc
MIXED
Impact 6/10
Horizonweeks Processed4mo ago WireGlobeNewswire
Press release: earnings
Actionable Insight ◆ Mixed

The EPS miss vs consensus is modest but may weigh on the stock near-term. However, FY27 guidance of 9-11% EPS growth and 6-7% organic revenue growth, plus the $1B buyback, provide a supportive floor. Watch the earnings call for commentary on tariff impacts and Healthcare segment margin trajectory.

DirectionMixed
Confidencehigh
Horizonweeks
Final — all horizons settled through T+60d ⚠ clustered
STE ▲ +9.43% at T+60d
NEUTRAL call ✓ call won +9.43% · α vs SPY +5.31% · entry $210.23 → $230.05
Entry anchored
May 11, 2026
via day open
T+1d
+0.29%
call +0.29% · α -0.24%
$210.85
settled 5mo ago
T+5d
+1.26%
call +1.26% · α +1.18%
$212.87
settled 5mo ago
T+20d
-1.01%
call -1.01% · α +0.71%
$208.10
settled 4mo ago
T+60d
+9.43%
call +9.43% · α +5.31%
$230.05
settled 8w ago

Price Chart

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Executive Summary

STERIS reported fiscal Q4 2026 adjusted EPS of $2.83, slightly above the $2.74 prior year but below the $2.85 consensus estimate. Revenue grew 7% to $1.6B, in line with the $1.6B consensus. The company guided fiscal 2027 adjusted EPS of $11.10-$11.30 (9-11% growth) and constant currency organic revenue growth of 6-7%, while announcing a new $1B share buyback program. The EPS miss relative to consensus and tariff/inflation headwinds are offset by solid revenue growth and positive guidance.

Key Financial Metrics

EPS
$2.83
est $2.85 · -0.7%
Revenue
$1.6B
est $1.6B · 0.0% · +7.0% YoY
Rating
in line
Guidance
~$6.3B (implied by 7-8% growth on $5.9B base)
raised
Free Cash Flow
$982.9M

Key Facts

  • Fiscal Q4 2026 adjusted EPS $2.83 vs consensus $2.85 (miss) and prior year $2.74
  • Fiscal Q4 2026 revenue $1.6B, +7% YoY, in line with consensus
  • Full year fiscal 2026 adjusted EPS $10.17, +10.3% YoY
  • Full year fiscal 2026 revenue $5.9B, +9% YoY; constant currency organic growth 7%
  • Fiscal 2027 guidance: adjusted EPS $11.10-$11.30 (9-11% growth), constant currency organic revenue growth 6-7%
  • New $1B share repurchase program authorized
  • Free cash flow fiscal 2026 $982.9M, up from $787.2M prior year
  • Tariffs and inflation partially offset volume/price gains in Healthcare segment

Financial Impact

Q4 adjusted EPS $2.83 vs $2.85 consensus (-0.7% miss); revenue $1.6B in line; FY27 guidance implies ~$6.3B revenue and ~$11.20 EPS midpoint

revenueepsfree cash flowshare buyback

Risk Factors

  • Tariffs and inflation continue to pressure Healthcare segment margins
  • Constant currency organic growth of 6-7% in FY27 is below FY26's 7% — potential deceleration
  • Capital equipment revenue in AST declined 62% YoY in Q4, signaling lumpy demand
  • Effective tax rate assumption of ~25% for FY27 could be a headwind if actual rate is higher

Market Snapshot

Exchange
NYSE
Sector
Orthopedic, Prosthetic & Surgical Appliances & Supplies
Analyst Consensus
67% bullish (15 analysts)

Investment Themes

Healthcare & Medical Devices

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3292377
10 reports for STE
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for STE — sortable, filterable
TypeNow
Jul 27, 2026
9w ago
Press Release
NEUTRAL ★ 2/10
$230.34 $236.44▲ +2.65%▼ −0.73%$207.54 (−9.90%)
Jun 15, 2026
15w ago
144
NEUTRAL ★ 2/10
$206.51 $208.73▲ +1.07%▲ +0.88%$207.54 (+0.50%)
Jun 11, 2026
16w ago
DEFA14A
NEUTRAL ★ 2/10
$207.56 $216.00▲ +4.07%▲ +2.29%$207.54 (−0.01%)
Jun 8, 2026
16w ago
Insider Cluster
NEUTRAL ★ 3/10
$212.88 $215.39▲ +1.18%▼ −0.27%$207.54 (−2.51%)
Jun 5, 2026
16w ago
144
NEUTRAL ★ 2/10
$210.03 $213.28▲ +1.55%▼ −0.08%$207.54 (−1.19%)
Jun 4, 2026
17w ago
144
NEUTRAL ★ 2/10
$212.35 $213.28▲ +0.44%▼ −1.42%$207.54 (−2.27%)
May 11, 2026
20w ago
8-K
BEARISH ★ 7/10
$210.23 $208.10▲ +1.01%▼ −0.71%$207.54 (+1.28%)
May 11, 2026
20w ago
Press Release
MIXED ★ 6/10
$210.23 $208.10▼ −1.01%▲ +0.71%$207.54 (−1.28%)
May 7, 2026
21w ago
8-K
NEUTRAL ★ 2/10
$207.24 $212.35▲ +2.47%▲ +2.44%$207.54 (+0.14%)
Apr 21, 2026
23w ago
Press Release
NEUTRAL ★ 3/10
$222.61 $214.42▼ −3.68%▼ −6.84%$207.54 (−6.77%)
Showing 10 of 10

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Report published May 11, 2026