Investing.com - Stryker (NYSE:SYK) reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Stryker announced earnings per share of $1.97 on revenue of $4.28B. Analysts polled by Investing.com anticipated EPS of $1.98 on revenue of $4.18B.
Stryker shares are up 35.36% from the beginning of the year and are trading at $255.00 , down-from-52-week-high.They are outperforming the S&P 500 which is down 10.04% from the start of the year.
Stryker shares gained 1.15% in after-hours trade after the report.
Stryker follows other major Healthcare sector earnings this month
Stryker's report follows an earnings beat by UnitedHealth on Thursday, April 14, 2022, who reported EPS of $5.49 on revenue of $80.15B, compared to forecasts EPS of $5.36 on revenue of $78.73B.
J&J had beat expectations on Tuesday, April 19, 2022 with first quarter EPS of $2.67 on revenue of $23.43B, compared to forecast for EPS of $2.59 on revenue of $23.62B.
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