Stryker: Q3 Earnings Snapshot

Associated Press Finance
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KALAMAZOO, Mich. (AP) — KALAMAZOO, Mich. (AP) — Stryker Corp. (SYK) on Thursday reported third-quarter earnings of $692 million.

The Kalamazoo, Michigan-based company said it had net income of $1.80 per share. Earnings, adjusted for amortization costs and pretax expenses, came to $2.46 per share.

The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $2.44 per share.

The medical device maker posted revenue of $4.91 billion in the period, also surpassing Street forecasts. Eleven analysts surveyed by Zacks expected $4.88 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SYK at https://www.zacks.com/ap/SYK

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