Stryker Q2 EPS $2.54 Beats $2.38 Estimate, Sales $5.00B Beat $4.83B Estimate
Portfolio Pulse from Benzinga Newsdesk
Stryker (NYSE:SYK) reported Q2 earnings of $2.54 per share, beating the analyst consensus estimate of $2.38 by 6.72%. This is a 12.89% increase from the same period last year. The company also reported quarterly sales of $5.00 billion, beating the analyst consensus estimate of $4.83 billion by 3.44%, a 11.20% increase from the same period last year.
August 04, 2023 | 2:20 pm
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POSITIVE IMPACT
Stryker's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance.
Stryker's Q2 earnings and sales have surpassed analyst estimates, which is a positive signal for the company's financial health. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100