Earnings Preview: Stryker EPS, Revenue Expected to Rise from Previous Quarter

It's time to get ready for Stryker SYK earnings! Don't be caught off-guard: The company releases its next round of earnings this Tuesday, July 19, 2011.

Need to cram before Tuesday's earnings release? We've got just the thing. Here's an advanced look at Stryker's second quarter earnings report.

Let's Do the Numbers:

Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading of 90 cents per share and revenues of $2.01 billion. We'll have to wait for Tuesday to see if Stryker has accomplished the estimated 111% rise in EPS and 114% increase in revenues on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 Q4 Q3 Q2
EPS Estimate 89 cents 90 cents 77 cents 80 cents
EPS Actual 90 cents 93 cents 80 cents 80 cents

Stock Performance:

Shares of Stryker were trading at $59.32 as of July 13, 2011. Since January 1st, shares of Stryker have given investors a return of 11.1%.

Average Stock Rating:

The average rating by analysts for Stryker is a Hold.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at one of Stryker's peers.
  • Medtronic MDT: Hold with a $0.9 recent quarter EPS

The medical products company's industry has seen price/earnings growth of 1.4% during the current fiscal year.

Finally, a description of the main business areas of the company, in case you need a little refresher: Stryker Corp. is a medical technology firm, which produces a range of products in medical implants, surgical technologies and emergency medical equipment. It is divided into two segments, which are Orthopaedic Implants and MedSurg Equipment.

Take Action:

Now that you're fully prepared, get ready to take quick action if the company reports any numbers significantly different from those listed above. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

  • To see up-to-date news on Stryker, click here
  • To see other trading ideas, click here
  • To see other company earnings recaps, click here
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