Stryker's Quarterly Earnings Preview: What You Need to Know

Stryker Corporation (SYK), based in Portage, Michigan, is a leading medical technology company.  Valued at a market cap of $140.8 billion, it offers a wide range of products, including implants, surgical equipment, biologics, digital imaging systems, and emergency medical devices, all aimed at improving patient and healthcare outcomes. The medical devices giant is expected to announce its fiscal third-quarter earnings for 2024 after the market closes on Tuesday, October 29.

Ahead of the event, analysts expect SYK to report a profit of $2.78 per share on a diluted basis, up 13% from $2.46 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.