Stryker Sees 2023 Adj. EPS $10.25-$10.45 vs $10.16 Est.
Portfolio Pulse from Benzinga Newsdesk
Stryker Corporation (SYK) has projected its adjusted earnings per share (EPS) for 2023 to be between $10.25 and $10.45, which is higher than the estimated $10.16.
August 04, 2023 | 2:27 pm
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Stryker's projected EPS for 2023 is higher than the estimated EPS, which could positively impact the company's stock price.
Earnings per share (EPS) is a key indicator of a company's profitability. A higher than expected EPS often leads to an increase in the company's stock price as it indicates better than expected profitability. Therefore, Stryker's higher projected EPS for 2023 could lead to a positive impact on its stock price.
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