
Steris Earnings: Durable Underlying Growth Prompts Management to Revisit M&A Market
Steris' second-quarter constant-currency organic revenue grew 8% year over year. Adjusted EPS grew 13%, excluding tariff refunds. Management maintained full-year guidance for 6%-7% revenue growth but raised its adjusted EPS outlook to $11.35-$11.55 from $11.10-$11.30, including $0.18 of refunds.