Stryker Earned $1.48 per Share for Q1

Stryker (SYK) reported Q1 earnings after the closing bell. For Q1, the company earned $1.48 per share. Previously they told us to expect a range between $1.40 and $1.45 per share. Wall Street had been expecting $1.43 per share.

“Our positive momentum continued in the first quarter, as we demonstrated our ongoing commitment to deliver organic sales growth at the high end of med-tech and leveraged earnings gains,” said Kevin A. Lobo, Chairman and Chief Executive Officer. “Our results were well-balanced across business segments and geographies, and position us well for another strong year in 2017.”

For Q2, Stryker expects EPS between $1.48 and $1.52. Wall Street had been expecting $1.51 per share. Stryker also maintained their full-year forecast of $6.35 to $6.45 per share.

Posted by on April 25th, 2017 at 5:28 pm


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