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Barchart
Barchart
Aditya Sarawgi

Earnings Preview: What to Expect from Stryker’s Report

Stryker SYK

Portage, Michigan-based Stryker Corporation (SYK) offers innovative products and services in MedSurg, Neurotechnology, Orthopedics and Spine that help improve patient and healthcare outcomes. With a market cap of $135.4 billion, Stryker operates as one of the world’s leading medical technology companies.

The healthcare giant is set to unveil its fourth-quarter earnings after the market closes on Tuesday, Jan. 28. Ahead of the event analysts expect Stryker to report a non-GAAP profit of $3.87 per share, up 11.9% from $3.46 per share reported in the year-ago quarter. The company has surpassed Wall Street’s bottom-line estimates in each of the past four quarters. Its adjusted EPS for the last reported quarter surged 16.7% year-over-year to $2.87, beating analysts’ forecasts by 3.2%.

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