PORTAGE, Mich. (AP) — PORTAGE, Mich. (AP) — Stryker Corp. (SYK) on Thursday reported fourth-quarter earnings of $849 million.
The Portage, Michigan-based company said it had profit of $2.20 per share. Earnings, adjusted for pretax expenses and amortization costs, were $4.47 per share.
The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $4.40 per share.
The medical device maker posted revenue of $7.17 billion in the period, also topping Street forecasts. Nine analysts surveyed by Zacks expected $7.13 billion.
For the year, the company reported profit of $3.25 billion, or $8.40 per share. Revenue was reported as $25.12 billion.
Stryker expects full-year earnings in the range of $14.90 to $15.10 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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