Stryker Earnings Beat Expectations at $0.10, Profit Surpasses Forecasts

According to Stryker's (NYSE: SYK) report, the third-quarter earnings per share were $2.87, which is $0.10 better than analysts' expectations of $2.77. The reported earnings for this quarter were determined to be $5.49 billion, while analysts anticipated $5.37 billion.

For the fiscal year 2024, Stryker has set the earnings per share guidance at $12.00-$12.10, compared to analyst estimates of $12.01.

Stryker shares closed the day at $359.01, indicating an 8.28% increase over the past three months. It also shows a 36.72% gain in the last 12 months. Over the past 90 days, Stryker has seen 9 positive earnings per share reports and 15 negative ones.

Examine how Stryker's stock price reacted to previous earnings reports. According to InvestingPro, Stryker's financial health score is rated as "Good performance." View the latest earnings reports and all financial information for Stryker. Stay updated on all developments regarding financial statements by visiting the Investing.com Earnings Calendar.