Investing.com - Stryker (NYSE:SYK) announced fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The company reported earnings per share of $2.49 on revenue of $4.13B. Analysts polled by Investing.com forecast EPS of $2.46 on revenue of $4.11B. That was in comparison to EPS of $2.18 on revenue of $3.8B in the same period a year earlier. Stryker had announced EPS of $1.91 on revenue of $3.59B in the prior quarter.
Analysts are forecasting EPS of $2.05 and revenue of $3.76B in the next quarter.
Stryker stock's are up 2.04% so far this year , still down 4.13% from its 52 week high of $223.45 set on August 30, 2019.
Stryker follows other major Healthcare sector earnings this month
On January 22, J&J announced fourth quarter EPS of $1.88 on revenue of $20.75B, compared with a forecasts for EPS of $1.87 on revenue of $20.8B.
Pfizer earnings missed analysts' expectations on Tuesday, with fourth quarter EPS of $0.55 on revenue of $12.69B. Investing.com analysts forecast EPS of $0.58 on revenue of $12.61B
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