Investing.com - Stryker (NYSE:SYK) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Stryker announced earnings per share of $2.71 on revenue of $4.7B. Analysts polled by Investing.com anticipated EPS of $2.73 on revenue of $4.65B.
Stryker shares are down 11% from the beginning of the year, still down 12.74% from its 52 week high of $281.16 set on September 9, 2021. They are under-performing the S&P 500 which is down 9.25% from the start of the year.
Stryker shares lost 0.13% in after-hours trade following the report.
Stryker follows other major Healthcare sector earnings this month
Stryker's report follows an earnings beat by J&J on Tuesday, who reported EPS of $2.13 on revenue of $24.8B, compared to forecasts EPS of $2.12 on revenue of $25.28B.
UnitedHealth had beat expectations on January 19 with fourth quarter EPS of $4.48 on revenue of $73.74B, compared to forecast for EPS of $4.3 on revenue of $72.98B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar