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Stryker (SYK) Surpasses Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-01-30 23:16
Stryker (SYK) came out with quarterly earnings of $3.46 per share, beating the Zacks Consensus Estimate of $3.27 per share. This compares to earnings of $3 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.81%. A quarter ago, it was expected that this medical device maker would post earnings of $2.44 per share when it actually produced earnings of $2.46, delivering a surprise of 0.82%.Over the last four quarters, the company h ...
Stryker reports 2023 operating results and 2024 outlook
Newsfilter· 2024-01-30 21:05
Portage, Michigan, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) reported operating results for the fourth quarter and full year of 2023: Fourth Quarter Results Reported net sales increased 11.8% to $5.8 billionOrganic net sales increased 11.4%Reported operating income margin of 21.6%Adjusted operating income margin(1) increased 60 bps to 27.2%Reported EPS increased 102.7% to $2.98Adjusted EPS(1) increased 15.3% to $3.46  Fourth Quarter Net Sales Growth Overview Reported Foreign Currency Exchange Con ...
Countdown to Stryker (SYK) Q4 Earnings: Wall Street Forecasts for Key Metrics
Zacks Investment Research· 2024-01-25 15:20
Wall Street analysts expect Stryker (SYK) to post quarterly earnings of $3.27 per share in its upcoming report, which indicates a year-over-year increase of 9%. Revenues are expected to be $5.6 billion, up 7.7% from the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Ahead ...
First Shoulder Arthroplasty Surgeries Using Stryker's Blueprint® Mixed Reality Guidance System Completed at Mayo Clinic in Minnesota and at St. Joseph's Health Care London in Canada
Businesswire· 2024-01-10 13:35
Stryker's Blueprint MR Guidance allows surgeons and their instruments to be ‘guided’ by 3D images and guidance widgets, which can be displayed on the patient and in the surgeon’s line of sight without disrupting normal workflow. (Photo: Business Wire)Stryker's Blueprint MR Guidance allows surgeons and their instruments to be ‘guided’ by 3D images and guidance widgets, which can be displayed on the patient and in the surgeon’s line of sight without disrupting normal workflow. (Photo: Business Wire)KALAMAZOO, ...
Stryker to announce financial results for its fourth quarter and full year 2023
Newsfilter· 2024-01-05 13:00
Portage, Michigan, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced that it will report financial results for fourth quarter and full year 2023 on Tuesday, January 30, 2024.  A press release will be issued at approximately 4:05pm ET and available at Stryker - Press Releases that day. The press release will include summary financial information for the company's fourth quarter and full year 2023, that ended December 31, 2023. Stryker will host a webcast at 4:30pm ET on Tuesday, January 30, 2024 ...
Reasons to Retain Stryker (SYK) Stock in Your Portfolio Now
Zacks Investment Research· 2024-01-04 13:17
Stryker Corporation (SYK) is well poised for growth, backed by a robust robotic arm-assisted surgery platform, Mako, and a diversified product portfolio. Meanwhile, improvement in price also buoys optimism.Shares of this currently Zacks Rank #3 (Hold) company have risen 16.4% in the past year compared with the industry’s 1.7% growth. The S&P 500 Index has increased 23.8% in the same time frame.Stryker, with a market capitalization of $112.54 billion, is one of the world’s largest medical device companies op ...
Stryker Corporation (SYK) 6th Annual Evercore ISI HealthCONx Conference (Transcript)
2023-11-30 00:21
Stryker Corporation (NYSE:SYK) 6th Annual Evercore ISI HealthCONx Conference November 29, 2023 1:20 PM ET Company Participants Glenn Boehnlein - CFO Jason Beach - Head, IR Conference Call Participants Vijay Kumar - Evercore ISI Vijay Kumar Stryker this afternoon. We have Glenn Boehnlein, CFO; and Jason Beach, who heads Investor Relations. I'm Vijay Kumar, I cover Medtech and Life Sciences at Evercore. Glenn, Jason, thanks for taking the time. Question-and-Answer Session Q - Vijay Kumar So you guys had a pre ...
Stryker(SYK) - 2023 Q3 - Earnings Call Transcript
2023-11-03 00:58
Stryker Corporation (NYSE:SYK) Q3 2023 Earnings Conference Call November 2, 2023 4:30 PM ET Company Participants Kevin Lobo - Chairman, CEO & President Jason Beach - VP, IR Glenn Boehnlein - VP & CFO Conference Call Participants Lawrence Biegelsen - Wells Fargo Securities Andrew Ranieri - Morgan Stanley Philip Chickering - Deutsche Bank Robert Marcus - JPMorgan Chase & Co. Danielle Antalffy - UBS Vijay Kumar - Evercore ISI Shagun Chadha - RBC Capital Markets Matthew O’Brien - Piper Sandler & Co. Ryan Zimmer ...
Stryker(SYK) - 2023 Q3 - Quarterly Report
2023-11-02 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-13149 STRYKER CORPORATION (Exact name of registrant as specified in its charter) | Michigan | | 38-1239739 | | --- | --- | --- | | (State of incorporation) | | (I.R.S. ...
Stryker Corporation (SYK) Wells Fargo Securities Healthcare Conference (Transcript)
2023-09-08 01:37
Stryker Corporation (NYSE:SYK) Wells Fargo Securities Healthcare Conference Call September 7, 2023 3:00 PM ET Company Participants Glenn Boehnlein - CFO Jason Beach - VP, IR Conference Call Participants Larry Biegelsen - Wells Fargo Larry Biegelsen I'm Larry Biegelsen, the medical device analyst at Wells Fargo and it's my pleasure to host this session with Stryker. From the company, we have Glenn Boehnlein, the CFO; and Jason Beach, the Vice President of Investor Relations. In terms of format, it's going to ...