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Stryker $SYK has released its quarterly earnings. Revenue of $5.49B (+11.92% YoY) beats by $124M. EPS of $2.87 (+16.67% YoY) beats by $0.10.
$SYK (+1.3% pre) Stryker (SYK) Surpasses Q3 Earnings and Revenue Estimates https://t.co/dO97UUxn70
$SYK Earnings: - Reported net sales increased 11.9% to $5.5 billion - Reported EPS increased 20.0% to $2.16 - Adjusted EPS increased 16.7% to $2.87 - Organic net sales increased 11.5% - Reported operating income margin of 19.7% - Adjusted operating income margin increased 130… https://t.co/bjqznHAa8i
Stryker Corporation (NYSE: SYK) reported its third-quarter 2024 operating results, surpassing both earnings and revenue forecasts. The company posted earnings per share (EPS) of $2.87, exceeding the forecast of $2.77, and reported revenues of $5.49 billion, beating the expected $5.37 billion. This represents an 11.9% year-over-year increase in net sales. Additionally, Stryker's reported operating income margin was 19.7%, with an adjusted operating income margin reflecting a 130 basis point improvement. The company's market capitalization stands at approximately $137.15 billion.