Stryker Expects 2024 Organic Net Sales Growth Of 7.5%-9.0% And Adjusted EPS Of $11.70-$12.00 (Est. $11.56)
Portfolio Pulse from Benzinga Newsdesk
Stryker Corporation forecasts organic net sales growth of 7.5%-9.0% for 2024, with an adjusted EPS of $11.70-$12.00, surpassing the estimated $11.56. The company anticipates the full year impact of its pricing actions to be approximately flat.
January 30, 2024 | 9:18 pm
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Stryker Corporation expects a higher organic net sales growth and adjusted EPS for 2024 than analysts estimated, indicating strong financial performance.
Stryker's projection of higher-than-expected organic net sales growth and adjusted EPS for 2024 is a positive signal for investors, likely leading to an optimistic outlook on the stock in the short term. The company's effective pricing strategy, resulting in a flat impact on the full year, suggests efficient management and could further bolster investor confidence.
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