Stryker (SYK) Misses Q3 EPS by 11c, Updates FY Guidance

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Stryker reports third quarter 2022 operating results

October 31, 2022 4:05 PM EDT

Kalamazoo, Michigan, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK) reported operating results for the third quarter of 2022:

Third Quarter Results

Reported net sales increased 7.7% to $4.5 billionOrganic net sales increased 9.9%Reported operating income margin of 18.0%Adjusted operating income margin(1) contracted 310 bps to 22.3%Reported EPS increased 87.7% to $2.14Adjusted EPS(1) decreased 3.6% to... More