11:54 AM EDT, 05/02/2024 (MT Newswires) -- Sotera Health ( SHC ) shares were down more than 3% in recent Thursday trading even after the company reported better-than-expected Q1 results.

Earlier, Sotera reported Q1 adjusted earnings of $0.13 per diluted share, unchanged from a year earlier.

Analysts polled by Capital IQ expected adjusted EPS of $0.12.

Revenue for the quarter ended March 31 was $248.2 million, up from $220.6 million a year earlier.

Analysts surveyed by Capital IQ expected $244.6 million.

The company reaffirmed its full-year 2024 outlook for adjusted EPS of $0.67 to $0.75 and revenue growth of 4% to 6%.

Analysts polled by Capital IQ expected adjusted EPS of $0.71.

Price: 10.88, Change: -0.40, Percent Change: -3.50