Stryker falls after narrowing annual profit forecast

SYK•2026-07-31

Shares fall after forecast cut

Stryker shares fell 5.1% to $330.45 in premarket trading after the medical device maker said on Thursday that it narrowed its annual adjusted EPS forecast to $14.95-$15.10 from a prior range of $14.90-$15.10.

As of the last close, the stock was down about 1% year to date.

Quarterly results beat estimates

The company reported second-quarter adjusted EPS of $3.69, compared with analysts' average estimate of $3.49, according to LSEG-compiled data.

Quarterly revenue was $6.6 billion, beating estimates of $6.58 billion.

Stryker falls after narrowing annual profit forecast

Shares fall after forecast cut

Quarterly results beat estimates

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