Stryker (SYK) Tops Q4 EPS by 3c

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Stryker reports 2018 results and 2019 outlook

January 29, 2019 4:07 PM EST

Kalamazoo, Michigan, Jan. 29, 2019 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK) reported operating results for the fourth quarter and full year of 2018 and 2019 outlook:

Fourth Quarter Highlights

      Reported net sales increased 9.4% to $3.8 billion

Organic net sales increased 8.6%Reported operating income margin of 18.4%Adjusted operating income margin(1) expanded 50 bps (30 bps excluding ASC 606(2)) to 27.5%Reported EPS increased 924.2% to $5.44Adjusted EPS(3) increased 11.2% to $2.18, at the high end of guidance range... More