30.01.2024 22:21:41 - dpa-AFX: Stryker Corp. Q4 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Stryker Corp. (SYK) released earnings for its fourth
quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $1.14 billion, or $2.98 per share. This
compares with $0.56 billion, or $1.47 per share, in last year's fourth quarter.

Excluding items, Stryker Corp. reported adjusted earnings of $1.33 billion or
$3.46 per share for the period.

Analysts on average had expected the company to earn $3.27 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 11.9% to $5.82 billion from $5.20
billion last year.

Stryker Corp. earnings at a glance (GAAP) :

-Earnings (Q4): $1.14 Bln. vs. $0.56 Bln. last year.
-EPS (Q4): $2.98 vs. $1.47 last year.
-Analyst Estimate: $3.27
-Revenue (Q4): $5.82 Bln vs. $5.20 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Stryker Corp 864952 NYSE 340,570 31.05.24 22:00:13 +0,050 +0,01% 335,000 351,110 340,540 340,520

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