Stryker Earnings miss, Revenue Inline In Q1

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Stryker Earnings miss, Revenue Inline In Q1
Credit: © Reuters.

Investing.com - Stryker (NYSE: SYK ) reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.

Stryker announced earnings per share of $1.93 on revenue of $3.95B. Analysts polled by Investing.com anticipated EPS of $1.99 on revenue of $3.95B.

Stryker shares are up 8% from the beginning of the year and are trading at $259.50 , down-from-52-week-high.They are under-performing the S&P 500 which is up 11.47% from the start of the year.

Stryker shares lost 2.09% in after-hours trade the report.

Stryker follows other major Healthcare sector earnings this month

Stryker's report follows an earnings beat by J&J on Tuesday, April 20, 2021, who reported EPS of $2.59 on revenue of $22.32B, compared to forecasts EPS of $2.34 on revenue of $21.98B.

Abbott Labs had beat expectations on Tuesday, April 20, 2021 with first quarter EPS of $1.32 on revenue of $10.46B, compared to forecast for EPS of $1.27 on revenue of $10.69B.

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

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