Stryker Q2 Adj $2.81 Beats $2.79 Estimate, Sales $5.42B Beat $5.41B Estimate
Portfolio Pulse from Benzinga Newsdesk
Stryker (NYSE:SYK) reported Q2 earnings of $2.81 per share, beating the analyst estimate of $2.79. Sales were $5.42 billion, also surpassing the $5.41 billion estimate. Both earnings and sales showed significant year-over-year growth.
July 30, 2024 | 8:08 pm
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Stryker's Q2 earnings and sales both beat analyst estimates, showing strong year-over-year growth. This positive performance is likely to boost investor confidence and support the stock price in the short term.
Stryker's earnings per share of $2.81 beat the consensus estimate of $2.79, and sales of $5.42 billion also surpassed the $5.41 billion estimate. Both metrics showed significant year-over-year growth, which is likely to positively impact the stock price as it indicates strong company performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100