Stryker reports second quarter 2023 operating results

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Stryker (SYK) PT Raised to $310 at Oppenheimer

August 4, 2023 8:34 AM EDT

Oppenheimer analyst Steven Lichtman raised the price target on Stryker (NYSE: SYK) to $310.00 (from $305.00) while maintaining a Outperform rating following earnings.

The analyst commented, "SYK's 2Q23 sales of $4.996B (+11.9% organic) beat our/Street's ~$4.843B/$4.826BE. Outperformance was broad-based with particular standouts being Hips,... More

Stryker (SYK) Tops Q2 EPS by 16c; Guides Higher

August 3, 2023 4:10 PM EDT

Stryker (NYSE: SYK) reported Q2 EPS of $2.54, $0.16 better than the analyst estimate of $2.38. Revenue for the quarter came in at $5 billion versus the consensus estimate of $4.83 billion.

GUIDANCE:

Stryker sees FY2023 EPS of $10.25-$10.45, versus the consensus of $10.16.

For earnings history and earnings-related data on Stryker (SYK) click here.

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