In a report released this morning, Jefferies said that its Stryker Corp. SYK estimates remain within guidance.
“The full year guidance was kept at constant currency revenue growth of 11% to 13% (+5% to 7% ex-acquisitions) and adjusted EPS of $3.65 to $3.73,” Jefferies writes. “The EPS range now incorporates $0.05 more in charges related to acquisitions, making the maintained EPS guidance actually a nickel raise. We have made modest changes to our model, including updates for FX, and our estimates remain within guidance.”
Stryker closed Tuesday at $61.10.
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