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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Stryker Corp | NYSE:SYK | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 326.63 | 0 | 12:05:00 |
By Maria Armental
Stryker Corp. expects a roughly 6% to 8% annual sales increase on an organic basis and warned of pandemic-related volatility.
The company, which previously pointed to labor and staffing shortages in healthcare, on Thursday said it expects an adjusted profit for the year of $9.60 to $10 a share and said that foreign currency exchange rates could have a moderate benefit on profit and sales.
The company said it expects unfavorable price reductions of about 1% in 2022.
Analysts surveyed by FactSet expect an adjusted profit of $10.16 a share and about $18.31 billion in revenue.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
January 27, 2022 16:38 ET (21:38 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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