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

Stryker SYK earnings are right around the corner! Don't be caught off-guard: The company unveils its next round of earnings this Tuesday, July 19, 2011.

Wondering what to expect from this Tuesday's announcement? Don't worry. Here's your essential guide to Stryker's second quarter earnings report.

Let's Do the Numbers:

Wall Street expects 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 rise in EPS and 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 $0.89 $0.90$0.77 $0.80
EPS Actual $0.90$0.93 $0.80 $0.80

Stock Performance:

At last check, shares of Stryker were trading at $58.26. Shares are up 9.2% year to date. For a full 12 months, the return has risen by 19.9%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
  • Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for Stryker is a Hold.

Competitors:

Wondering how some of the other healthcare companies are doing? Here are a few of Stryker's peers in that sector.
  • Medtronic MDT: Hold with a $0.9 recent quarter EPS
  • Smith & Nephew SNN: Hold with a $0.92 recent quarter EPS
  • CONMED (CNMD): Hold with a $0.37 recent quarter EPS
  • NuVasive (NUVA): Hold with a $0.10 recent quarter EPS

Stryker is in the medical products industry, which has experienced price/earnings growth of 1.5%.

Finally, a description of the main business areas of the company, in case you need a little refresher: Stryker 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:

That's your advanced look at Stryker's upcoming earnings numbers -- be ready to take quick action if the company's report contains any surprises. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

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