Investing.com - Stryker (NYSE:SYK) reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Stryker announced earnings per share of $2.12 on revenue of $4.5B. Analysts polled by Investing.com anticipated EPS of $2.23 on revenue of $4.47B.
Stryker shares are down 14% from the beginning of the year and are trading at $215.30 , down-from-52-week-high.
Stryker shares lost 6.05% in after-hours trade following the report.
Stryker follows other major Healthcare sector earnings this month
Stryker's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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