Stryker Earnings beat, Revenue misses In Q4 By Investing.com

Stryker (NYSE:SYK) reported on Wednesday fourth quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.

Stryker announced earnings per share of $2.81 on revenue of $4.26B. Analysts polled by Investing.com anticipated EPS of $2.55 on revenue of $4.34B.

Stryker shares are down 6% from the beginning of the year and are trading at $230.22 , down-from-52-week-high.They are under-performing the S&P 500 which is down 0.08% from the start of the year.

Stryker follows other major Healthcare sector earnings this month

Stryker’s report follows an earnings beat by J&J on Tuesday, who reported EPS of $1.86 on revenue of $22.48B, compared to forecasts EPS of $1.83 on revenue of $21.69B.

Novartis ADR had missed expectations on Tuesday with fourth quarter EPS of $1.34 on revenue of $12.77B, compared to forecast for EPS of $1.36 on revenue of $12.92B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar