Stryker reports first quarter 2021 operating results

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Stryker (SYK) Misses Q1 EPS by 6c; Offers FY21 EPS Outlook

April 27, 2021 4:09 PM EDT

Stryker (NYSE: SYK) reported Q1 EPS of $1.93, $0.06 worse than the analyst estimate of $1.99. Revenue for the quarter came in at $3.95 billion versus the consensus estimate of $3.96 billion.

First Quarter Results

Reported net sales increased 10.2% from 2020 and 12.4% from 2019 to $4.0 billionOrganic net sales increased 1.8% from 2020 and 4.7% from 2019Reported operating income margin of 11.6%Adjusted operating income... More