Stryker (SYK) Misses Q4 EPS by 1c, Offers Guidance
Get Alerts SYK Hot Sheet
Price: $334.91 +2.21%
Revenue Growth %: +6.3%
Financial Fact:
Net earnings: 355M
Today's EPS Names:
SFST, VLTO, CLIR, More
Revenue Growth %: +6.3%
Financial Fact:
Net earnings: 355M
Today's EPS Names:
SFST, VLTO, CLIR, More
Join SI Premium – FREE
Stryker (NYSE: SYK) reported Q4 EPS of $2.71, $0.01 worse than the analyst estimate of $2.72. Revenue for the quarter came in at $4.7 million versus the consensus estimate of $4.65 million.
GUIDANCE:
Stryker sees FY2022 EPS of $9.60-$10.00, versus the consensus of $10.14.
- We continue to monitor and evaluate the impact the global response to the COVID-19 pandemic has had, and will continue to have, on our operations and financial results. As we assess the impact of the pandemic on our operations and the external environment we believe the short-term outlook remains volatile. We expect 2022 organic net sales growth to be in the range of 6% to 8% and expect adjusted net earnings per diluted share(2) to be in the range of $9.60 to $10.00. Consistent with the pricing environment experienced in previous years, we expect continued unfavorable price reductions of approximately 1% in 2022. If foreign exchange rates hold near their current levels, we anticipate sales and EPS will be modestly unfavorably impacted as compared to 2021.
For earnings history and earnings-related data on Stryker (SYK) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- Visa (V) Tops Q2 EPS by 7c, offers guidance
- IDEX Corp. (IEX) Tops Q1 EPS by 13c ; Offers Guidance
Create E-mail Alert Related Categories
Earnings, GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!