Stryker Earnings Exceed Estimates by $0.02, Revenue Matches Expectations

Stryker Corporation reported its second-quarter earnings, revealing an EPS of $2.81, which exceeds the analyst estimate of $2.79 by $0.02. The company’s revenue for the quarter matched expectations, totaling $5.4 billion.

### Guidance

For the fiscal year 2024, Stryker anticipates an EPS between $11.90 and $12.10, slightly below the analyst consensus of $11.93.

Stryker’s stock closed at $330.22, reflecting a gain of 0.54% over the past three months and an increase of 16.52% over the past year. In the last 90 days, there has been one positive EPS revision and 21 negative revisions.

According to financial assessments, Stryker’s Financial Health score indicates “great performance.”

For updates on upcoming earnings reports, investors can keep an eye on the earnings calendar.