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SYK Stryker Corp

326.63
0.00 (0.00%)
Pre Market
Last Updated: 09:07:11
Delayed by 15 minutes
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 09:07:11

Stryker Posts Lower 3Q Profit After Higher Expenses

29/10/2019 8:53pm

Dow Jones News


Stryker (NYSE:SYK)
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From May 2019 to May 2024

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By Kimberly Chin

 

Stryker Corp. (SYK) posted a drop in quarterly earnings as the company had higher operating expenses.

The Michigan company's third-quarter profit fell to $466 million, or $1.23 a share, from $590 million, or $1.55 a share, a year earlier. Analysts polled by FactSet were expecting per-share profit of $1.68.

Adjusted profit was $1.91 a share, a 13% increase from a year earlier.

Revenue rose to about $3.6 billion from $3.24 billion in the prior year. This was roughly in line with analysts' expectations of $3.58 billion.

 

Write to Kimberly Chin at kimberly.chin@wsj.com

 

(END) Dow Jones Newswires

October 29, 2019 16:38 ET (20:38 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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