Stryker Q2 Profit Rises - Quick Facts

(RTTNews) - Stryker Corporation (SYK) Thursday reported second-quarter profit of $215 million, up from $213 million in the same period last year. On a per-share basis, earnings were $0.56 per share, flat with last year.

Adjusted earnings for the quarter were $415 million or $1.08 per share. On average, 29 analysts polled by Thomson Reuters expected the company to earn $1.08 per share for the quarter. Analysts' estimates typically exclude special items.

Sales improved 6.8 percent to $2.4 billion from $2.21 billion last year. Analysts expected revenues of $2.35 billion.

Looking ahead, the company expects to report full-year earnings in the range of $4.75 to $4.80 per share, with third-quarter earnings in the order of $1.12 to $1.16 per share. Analysts currently estimate full-year earnings of $4.80 per share and third-quarter earnings of $1.16 per share.