Ongoing Procedural Growth May Aid Stryker's (SYK) Q1 Earnings [Yahoo! Finance]
Stryker Corporation (SYK)
Last stryker corporation earnings: 4/30 04:05 pm
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US:NYSE Investor Relations:
stryker.gcs-web.com/investor-overview
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Source: Yahoo! Finance
Q1 Estimates The Zacks Consensus Estimate for earnings is pegged at $2.35 per share, indicating an increase of 9.8% year over year. The consensus mark for revenues is pinned at $5.06 billion, implying growth of 5.8% from the prior-year quarter's reported figure. Factors to Note Stryker's MedSurg and Neurotechnology segment witnessed substantial sales growth on the back of the robust performance of subsegments in the past two quarters. Strong performances in the United States, Canada, Australia, Europe, Japan and most emerging markets also boosted revenues. This trend is likely to have continued in the first quarter. Growth across Orthopaedics & Spine's Hip, Knee, and Trauma and Extremities subsegments might have favored the segment's performance on the back of continued procedural growth, strong uptake of the Insignia Hip Stem and robust Mako sales. Stryker is committed to the sustained expansion of Mako, reflecting robust demand for this differentiated robotic technology
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SYK
News
- Stryker Co. (NYSE: SYK) had its price target raised by analysts at Barclays PLC from $372.00 to $376.00. They now have an "overweight" rating on the stock.MarketBeat
- Zimmer Biomet beats Q1 profit estimates on robust demand for knee, hip devices [Yahoo! Finance]Yahoo! Finance
- Stryker Co. (NYSE: SYK) had its price target raised by analysts at Wells Fargo & Company from $364.00 to $381.00. They now have an "overweight" rating on the stock.MarketBeat
- Stryker Co. (NYSE: SYK) had its price target raised by analysts at Roth Mkm from $348.00 to $405.00. They now have a "buy" rating on the stock.MarketBeat
- Stryker Co. (NYSE: SYK) had its price target raised by analysts at UBS Group AG from $339.00 to $351.00. They now have a "neutral" rating on the stock.MarketBeat
SYK
Earnings
- 4/30/24 - Beat
SYK
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- SYK's page on the SEC website