PORTAGE, Mich. (AP) — PORTAGE, Mich. (AP) — Stryker Corp. (SYK) on Thursday reported second-quarter net income of $884 million.
The Portage, Michigan-based company said it had profit of $2.29 per share. Earnings, adjusted for amortization costs and non-recurring costs, came to $3.13 per share.
The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $3.06 per share.
The medical device maker posted revenue of $6.02 billion in the period, also topping Street forecasts. Eleven analysts surveyed by Zacks expected $5.96 billion.
Stryker expects full-year earnings in the range of $13.40 to $13.60 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SYK at https://www.zacks.com/ap/SYK
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