Stryker (SYK) Tops Q4 EPS by 3c; Offers Q1 & FY20 EPS Mid-Point Guidance Above Consensus
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Stryker reports 2019 results and 2020 outlook
January 28, 2020 4:05 PM ESTKalamazoo, MI, Jan. 28, 2020 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK) reported operating results for the fourth quarter and full year of 2019 and 2020 outlook:
Fourth Quarter Highlights
Reported net sales increased 8.8% to $4.1 billionOrganic net sales increased 8.0%Reported operating income margin of 22.9%Adjusted operating income margin(1) expanded 80 bps to 28.3%Reported EPS decreased 65.1% to $1.90Adjusted EPS(1) increased 14.2% to $2.49, exceeding the high end of guidance range... More