Stryker Earnings miss, Revenue beats In Q1

  • Investing.com
  • Stock Market News
Stryker Earnings miss, Revenue beats In Q1
Credit: © Reuters.

Investing.com - Stryker (NYSE: SYK ) reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Stryker announced earnings per share of $1.97 on revenue of $4.28B. Analysts polled by Investing.com anticipated EPS of $1.98 on revenue of $4.18B.

Stryker shares are up 35.36% from the beginning of the year and are trading at $255.00 , down-from-52-week-high.They are outperforming the S&P 500 which is down 10.04% from the start of the year.

Stryker shares gained 1.15% in after-hours trade the report.

Stryker follows other major Healthcare sector earnings this month

Stryker's report follows an earnings beat by UnitedHealth on Thursday, April 14, 2022, who reported EPS of $5.49 on revenue of $80.15B, compared to forecasts EPS of $5.36 on revenue of $78.73B.

J&J had beat expectations on Tuesday, April 19, 2022 with first quarter EPS of $2.67 on revenue of $23.43B, compared to forecast for EPS of $2.59 on revenue of $23.62B.

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

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100