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Stryker announced earnings per share of $1.93 on revenue of $3.95B. Analysts polled by Investing.com anticipated EPS of $1.99 on revenue of $3.95B.
Stryker shares are up 8% from the beginning of the year, still down 1.12% from its 52 week high of $268.04 set on April 23. They are under-performing the S&P 500 which is up 11.47% from the start of the year.
Stryker shares lost 2.09% in after-hours trade following the report.
Stryker’s report follows an earnings beat by J&J on April 20, who reported EPS of $2.59 on revenue of $22.32B, compared to forecasts EPS of $2.34 on revenue of $21.98B.
Abbott Labs had beat expectations on April 20 with first quarter EPS of $1.32 on revenue of $10.46B, compared to forecast for EPS of $1.27 on revenue of $10.69B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
