Investing.com - Stryker (NYSE:SYK) reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Stryker announced earnings per share of $2.25 on revenue of $4.49B. Analysts polled by Investing.com anticipated EPS of $2.28 on revenue of $4.54B.
Stryker shares are down 14% from the beginning of the year and are trading at $207.50 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is down 16.82% from the start of the year.
Stryker shares gained 1.51% 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, July 15, 2022, who reported EPS of $5.57 on revenue of $80.33B, compared to forecasts EPS of $5.21 on revenue of $79.68B.
J&J had beat expectations on Tuesday, July 19, 2022 with second quarter EPS of $2.59 on revenue of $24.02B, compared to forecast for EPS of $2.54 on revenue of $23.77B.
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