Stryker (SYK) Sees Q4 Charge of $125M, Raises FY10 EPS Outlook; Guides FY11

January 10, 2011 4:11 PM EST
Stryker (NYSE: SYK) sees a Q4 charge of $125 million, with $77 million net of income taxes. Reports sales of $1.995 billion.

Sees FY10 EPS of $3.31-$3.33, above the previously guided $3.27-$3.30 range. The Street is looking for FY10 EPS of $3.29.

Sees FY11 adj-EPS of $3.65-$3.73, which compares to the Street estimate of $3.64.

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