Stryker is one of the world's leading medical technology companies and, together with our customers, we are driven to make healthcare better. The Company offers a diverse array of innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine that help improve patient and hospital outcomes. Stryker is active in over 100 countries around the world.
Stryker Corp. (SYK) released a profit for its first quarter that rose from last year.
The company said its bottom line climbed to $468 million, or $1.24 per share. This was higher than $424 million, or $1.11 per share, in last year's first quarter.
Analysts had expected the company to earn $1.20 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 5.0% to $2.50 billion. This was up from $2.38 billion last year.
Stryker Corp. earnings at a glance:
-Earnings (Q1): $468 Mln. vs. $424 Mln. last year. -Earnings Growth (Y-o-Y): 10.4% -EPS (Q1): $1.24 vs. $1.11 last year. -EPS Growth (Y-o-Y): 11.7% -Analysts Estimate: $1.20 -Revenue (Q1): $2.50 Bln vs. $2.38 Bln last year. -Revenue Change (Y-o-Y): 5.0%
KALAMAZOO, Mich. (AP) _ Stryker Corp. (SYK) on Tuesday reported fourth-quarter profit of $510 million. The Kalamazoo, Michigan-based company said it had net income of $1.34 per share. Earnings, adjusted for amortization costs and non-recurring costs, came to $1.78 per share. The results beat Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $1.76 per share. The medical device maker posted revenue of $3.16 billion in the period, matching Street forecasts. For the year, the company reported profit of $1.65 billion, or $4.35 per share. Revenue was reported as $11.33 billion. For the current quarter ending in April, Stryker expects its per-share earnings to range from $1.40 to $1.45. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.43. The company expects full-year earnings in the range of $6.35 to $6.45 per share. Stryker shares have risen slightly more than 1 percent since the beginning of the year, while the Standard & Poor's 500 index has risen nearly 2 percent. In the final minutes of trading on Tuesday, shares hit $121.50, a rise of 29 percent in the last 12 months. This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SYK at https://www.zacks.com/ap/SYK Keywords: Stryker, Earnings Report Automated Insights, source Associated Press News
diesmal K2M - kennt einer diese Firma genauer ? Offenbar stellen sie Produkte für die Behandlung von Wirbelsäulenerkrankungen her. Da es ein kleinerer Zukauf ist, scheint es dem Kurs vorerst "egal" zu sein.
: Diese Aktie ist echt der Kracher. Musst Du nur...
kaufen und liegen lassen. Künstliche Knie- und Hüftgelenke sind angesichts der Demographie und der Probleme mit Überfettung der Bevölkerung in der westlichen Welt eine sichere Wette. Klingt zwar krass, aber das ist eben die Entwicklung ... muss man ja nicht gut finden. Die Aktie hat aber damit Erfolg
(Reuters) - Medical device maker Stryker Corp (SYK.N) said on Monday it would buy smaller rival Wright Medical Group (WMGI.O) for about $4 billion in cash, expanding into the fast-growing business of implants for shoulders and wrists.
: Wright Medical Group ist recht stark wachsend
und für 2020 werden Umsätze von ca. 1 Mrd Dollar geschätzt , was dann etwa ein Umsatz-Multiple von 4 wäre beim Kauf. Und Stryker kann eigentlich M&A ganz gut, ich vertraue mal darauf das sie auch hier die Integration gut hinbekommen.