© Reuters. Stryker Earnings Beat, Revenue Misses In Q4
Investing.com – Stryker (NYSE:) reported on Wednesday fourth quarter that beat analysts’ forecasts and revenue that fell short of expectations.
Stryker announced earnings per share of $2.81 on revenue of $4.26B. Analysts polled by Investing.com anticipated EPS of $2.55 on revenue of $4.34B.
Stryker shares are down 6% from the beginning of the year, still down 6.96% from its 52 week high of $247.44 set on January 8. They are under-performing the S&P 500 which is down 0.08% from the start of the year.
Stryker follows other major Healthcare sector earnings this month
Stryker’s report follows an earnings beat by J&J on Tuesday, who reported EPS of $1.86 on revenue of $22.48B, compared to forecasts EPS of $1.83 on revenue of $21.69B.
Novartis ADR had missed expectations on Tuesday with fourth quarter EPS of $1.34 on revenue of $12.77B, compared to forecast for EPS of $1.36 on revenue of $12.92B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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