Earnings from CR Bard and Stryker

CR Bard (BCR) earned $2.27 per share which beat estimates of $2.18 per share.

Timothy M. Ring, chairman and chief executive officer, commented, “We are pleased with the strong start to 2015, which, as we’ve said, is an important year of execution for us. More than two years ago, we introduced our strategic investment plan designed to accelerate the growth rate of the company and put us in a position to provide revenue growth in the mid-to-high single digits with attractive returns for shareholders. We are pleased with the results to date and we remain focused on that objective.”

Stryker (SYK) earned $1.20 per share, three cents more than estimates.

“We continue to execute well across our businesses and delivered organic sales growth of approximately 7% in the second quarter,” said Kevin A. Lobo, Chairman and Chief Executive Officer. “Our strong first half performance and positive momentum is reflected in our raised guidance and underscores the strength of our people and diversified portfolio.”

Now for guidance. Stryker expects Q3 to range between $1.20 and $1.25 per share. They see full-year between $5.06 and $5.12 per share.

Posted by on July 23rd, 2015 at 4:13 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.