Stryker Earnings beat, Revenue misses In Q1

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Stryker Earnings beat, Revenue misses In Q1
Credit: © Reuters.

Investing.com - Stryker (NYSE: SYK ) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Stryker announced earnings per share of $1.84 on revenue of $3.59B. Analysts polled by Investing.com anticipated EPS of $1.83 on revenue of $3.6B. That with comparison to EPS of $1.88 on revenue of $3.52B in the same period a year before.Stryker had reported EPS of $2.49 on revenue of $4.13B in the previous quarter.Analysts are expecting EPS of $1.17 and revenue of $3.16B in the upcoming quarter.

Stryker shares are down 11% from the beginning of the year and are trading at $186.42 , down-from-52-week-high.They are under-performing the S&P 500 which is down 10.34% year to date.

Stryker follows other major Healthcare sector earnings this month

Stryker's report follows an earnings beat by J&J on Tuesday, April 14, 2020, who reported EPS of $2.3 on revenue of $20.69B, compared to forecasts EPS of $2.02 on revenue of $19.73B.

Pfizer had beat expectations on Tuesday with first quarter EPS of $0.8 on revenue of $12.03B, compared to forecast for EPS of $0.7 on revenue of $11.34B.

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

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