U.S. Markets closed

Stryker Earnings Beat, Revenue Inline In Q1

Investing.com - Stryker (NYSE:SYK) reported first quarter earnings that Beat analysts' expectations on Tuesday and revenue that was inline with forecasts.

The firm reported earnings per share of $1.88 on revenue of $3.52B. Analysts polled by Investing.com expected EPS of $1.84 on revenue of $3.52B. That compared to EPS of $1.68 on revenue of $3.24B in the same period a year earlier. The company had reported EPS of $2.18 on revenue of $3.8B in the previous quarter.

Stryker shares lost 3.46% to trade at $180.50 in after-hours trade following the report.

Stryker follows other major Healthcare sector earnings this month


On April 16, J&J reported first quarter EPS of $2.1 on revenue of $20.02B, compared to forecasts of EPS of $2.04 on revenue of $19.61B.

Abbott Labs earnings Beat analysts' expectations on April 17, with first quarter EPS of $0.63 on revenue of $7.37B. Investing.com analysts expected EPS of $0.61 on revenue of $7.48B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Related Articles

CBS suspends search for CEO, says Ianniello to stay till December 31

EBay beats quarterly revenue estimates

Softbank Group in talks to buy 5% stake in Wirecard: Bloomberg