Investing.com - Stryker (NYSE:SYK) reported third quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.91 on revenue of $3.59B. Analysts polled by Investing.com expected EPS of $1.9 on revenue of $3.58B. That compared to EPS of $1.69 on revenue of $3.24B in the same period a year earlier. The company had reported EPS of $1.98 on revenue of $3.65B in the previous quarter.
For the year, Stryker shares are up 40.6%, outperforming the S&P 500 which is up 22.66% year to date.
Stryker follows other major Healthcare sector earnings this month
On Tuesday, October 15, 2019, J&J reported third quarter EPS of $2.12 on revenue of $20.73B, compared to forecasts of EPS of $2.01 on revenue of $20.08B.
Merck&Co earnings beat analyst's expectations on Tuesday, with third quarter EPS of $1.51 on revenue of $12.4B. Investing.com analysts expected EPS of $1.24 on revenue of $11.65B
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