Stryker (SYK) Misses Q2 EPS by 3c, Updates Guidance

Go back to Stryker (SYK) Misses Q2 EPS by 3c, Updates Guidance

Stryker reports second quarter 2022 operating results

July 26, 2022 4:05 PM EDT

Kalamazoo, Michigan, July 26, 2022 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK) reported operating results for the second quarter of 2022:

Second Quarter Results

Reported net sales increased 4.6% to $4.5 billionOrganic net sales increased 6.1%Reported operating income margin of 17.2%Adjusted operating income margin(1) contracted 220 bps to 23.7%Reported EPS increased 11.0% to $1.72 Adjusted EPS(1) of $2.25 in line with 2021  Second Quarter Net Sales Growth... More