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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 | |
|---|---|---|---|---|---|---|---|---|
| 2.37 | 0.73% | 329.00 | 331.7625 | 326.701 | 328.65 | 1,588,817 | 01:00:00 |
From May 2021 to May 2024
By Jeffrey T. Lewis
Stryker Corp. on Tuesday reported a profit in the second quarter, after a loss in the same period of 2020, as sales jumped while the pandemic moderated.
The Kalamazoo, Mich.-based medical technology company reported net profit of $592 million in the quarter, after a loss of $83 million in the same period a year earlier, while net sales rose 55.4% from the second quarter of last year to $4.3 billion.
The company's reported net earnings per diluted share reached $1.55, compared with a loss of $0.22 per share a year earlier, while adjusted net earnings per diluted share rose to $2.25 from $0.64 in the second quarter of 2020.
Stryker said it expects organic net sales growth for this year of 9% to 10% compared with 2019 and the company expects adjusted net earnings per diluted share to be in the range of $9.25 to $9.40 in 2021.
Write to Jeffrey T. Lewis at jeffrey.lewis@wsj.com
(END) Dow Jones Newswires
July 27, 2021 16:51 ET (20:51 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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