Stryker (NYSE:SYK) reported first quarter earnings that Beat analysts' expectations on Tuesday and revenue that was inline with forecasts.
The firm reported earnings per share of $1.88 on revenue of $3.52B. Analysts polled by expected EPS of $1.84 on revenue of $3.52B. That compared to EPS of $1.68 on revenue of $3.24B in the same period a year earlier. The company had reported EPS of $2.18 on revenue of $3.8B in the previous quarter.
Stryker shares lost 3.46% to trade at $180.50 in after-hours trade following the report.
Stryker follows other major Healthcare sector earnings this month
On April 16, J&J reported first quarter EPS of $2.1 on revenue of $20.02B, compared to forecasts of EPS of $2.04 on revenue of $19.61B.
Abbott Labs earnings Beat analysts' expectations on April 17, with first quarter EPS of $0.63 on revenue of $7.37B. analysts expected EPS of $0.61 on revenue of $7.48B
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