Stryker reports second quarter 2020 operating results

Go back to Stryker reports second quarter 2020 operating results

Stryker (SYK) Tops Q2 EPS by 9c, Revenues Beat

July 30, 2020 4:08 PM EDT

Stryker (NYSE: SYK) reported Q2 EPS of $0.64, $0.09 better than the analyst estimate of $0.55. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.59 billion.

Second Quarter Results

Reported net sales decreased 24.3% to $2.8 billionOrganic net sales decreased 24.0%Reported operating loss margin of (0.7%)Adjusted operating income margin(1) of 12.5%Reported EPS... More