Stryker Earnings Miss, Revenue Beats In Q1 -Breaking
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© Reuters. Stryker earnings miss, revenue beats in Q1Investing.com – Stryker (NYSE: ) On Thursday, the first quarter ended with revenue surpassing expectations. Analysts’ estimates were not fulfilled.
Stryker reported earnings per share at $1.97 for revenue of $4.28B. Investing.com polled analysts and predicted an EPS of $1.98 for revenue of $4.18B.
Stryker shares have risen 35.36% since the start of the year. However, they are still 10.34% below their 52-week high of $281.16 on September 9, 2021. They are outperforming the S&P 500 which is down 10.04% from the start of the year.
Following the publication, Stryker shares rose 1.15% after-hours.
Stryker is following other notable earnings from the Healthcare sector this month
Stryker’s earnings beat was achieved by UnitedHealth, who on April 14 reported EPS at $5.49 for revenue $80.15B. This compares to the forecasts of EPS at $5.36 for revenue $78.73B.
J&J had beat expectations on April 19 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.
You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar
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