Recap: Stryker Q4 Earnings

Shares of Stryker (NYSE:SYK) decreased in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share increased 12.85% over the past year to $2.81, which beat the estimate of $2.55.

Revenue of $4,262,000,000 rose by 3.17% from the same period last year, which missed the estimate of $4,330,000,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Jan 27, 2021

View more earnings on SYK

Time: 04:00 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.stryker.com%2F&eventid=2625312&sessionid=1&key=0FC9AC8BB47EEA7CF4130A78E019E35B&regTag=&V2=false&sourcepage=register

Price Action

Company's 52-week high was at $247.44

Company's 52-week low was at $124.54

Price action over last quarter: Up 14.23%

Company Profile

Stryker designs, manufactures, and markets an array of medical equipment, instruments, consumable supplies, and implantable devices. The product portfolio includes hip and knee replacements, endoscopy systems, operating room equipment, embolic coils, and spinal devices. Stryker remains one of the three largest competitors in reconstructive orthopedic implants and holds the leadership position in operating room equipment. Slightly more than a quarter of Stryker's total revenue currently comes from outside the United States.

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