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 23% from the beginning of the year and are trading at $207.40 , down-from-52-week-high.They are under-performing the S&P 500 which is down 17.73% from the start of the year.
Stryker shares gained 1.46% in after-hours trade 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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