Stryker (SYK) Tops Q1 EPS by 3c

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Stryker reports first quarter 2018 operating results

April 26, 2018 4:06 PM EDT

Reported net sales increased 9.7% to $3.2 billion Organic net sales increased 7.0% despite one less selling day Reported operating income margin of 18.2% Adjusted operating income margin(2) expanded 70 bps (50 bps excluding ASC 606(1)) to 25.0% Reported EPS decreased 0.9% to $1.16 Adjusted EPS(3) increased 13.5% to $1.68, exceeding high end of guidance range

Kalamazoo, Michigan - April 26, 2018 - Stryker Corporation (NYSE: SYK) reported operating results for the first quarter of... More