Stericycle, Inc. Provides Earnings Guidance for the Second Quarter and Second Half of 2021
April 29, 2021 at 09:00 am EDT
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Stericycle, Inc. provided earnings guidance for the second quarter and second half of 2021. After normalizing for the impact of divestitures on revenues in the second quarter of 2020, which was approximately $27 million from the divested Environmental Solutions, Expert solutions and Argentina businesses, the company may generate organic growth in the low teens in the second quarter of 2021.
The company do not anticipate this level of organic revenue growth to continue through the second half of 2021 as the company begin to lap the impact of the pandemic.
Stericycle, Inc. is a business-to-business services company and provider of compliance-based solutions that protect people and brands, promote health and well-being and safeguard the environment. The Company serves customers in North America and Europe with solutions for regulated waste and compliance services (RWCS) and secure information destruction (SID). Its RWCS include biohazardous waste disposal, compliance solutions (including Steri-Safe Compliance Solutions), specialty services and medical supply store. Its specialty services include MedDrop Medication Collection Kiosks, Safe Community Solutions, SafeDrop Sharps Mailback Solutions, and Airport and Maritime Waste Services. The Company's SID services include SID and compliance solutions (including document, hard drive, and specialty destruction services) under the Shred-it brand name, which includes regular scheduled services (and processing onsite and offsite) and one-time services (including select, priority and express).
STERICYCLE, INC. 
