Stryker Q3 net sales $4.9B (+9.6%), adjusted EPS $2.46 (+16.0%), raises FY guidance

STRYKER CORP

2023-Q3 EPS reported $5.27 revenue$14,683,000,000

Reported net sales $4.9B, +9.6% YoY; organic net sales +9.2%.
Adjusted EPS of $2.46 increased 16.0% year-over-year; reported EPS $1.80 decreased 15.9%.
Adjusted operating margin 23.4% (+110 bps); MedSurg/Neuro organic +10.1%, Ortho/Spine +8.0%.
FY2023 organic net sales growth guidance raised to 10.0%-10.5%; adjusted EPS guidance to $10.35-$10.45.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

STRYKER CORP reported full year 2023 results: EPS $10.35 to $10.45. Guidance raised.

Period: full year 2023
EPS: $10.35 to $10.45
Guidance: raised
Result: guidance update

Exact text from the filing

we now expect adjusted net earnings per diluted share (2) to be in the range of $10.35 to $10.45.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

STRYKER CORP reported third quarter 2023 results: net income $944 million, EPS $2.46.

Period: third quarter 2023
Net income: $944 million
EPS: $2.46
Result: reported results

Exact text from the filing

Michigan - November 2, 2023 - Stryker (NYSE:SYK) reported operating results for the third quarter of 2023: Third Quarter Results • Reported net sales increased 9.6% to $4.9 billion • Organic net sales increased 9.2% • Reported operating income margin of 19.0% • Adjusted operating income margin (1) increased 110 bps to 23.4% • Reported EPS decreased 15.9% to

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

STRYKER CORP reported third quarter 2023 results: net income $944 million, EPS $2.46.

Period: third quarter 2023
Net income: $944 million
EPS: $2.46
Result: reported results

Exact text from the filing

Adjusted net earnings (1) of $944 million increased 16.5% in the quarter. Adjusted net earnings per diluted share (1) of $2.46 increased 16.0% in the quarter.

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51 earnings releases filed in the last 30 days. Browse all earnings releases →

STRYKER CORP filing history →

Source: SEC EDGAR

accession 0000310764-23-000114

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