Can Stryker (SYK) Pull An Earnings Surprise This Season?
Zacks Investment Research | Jul 20, 2016 06:41AM ET
Stryker Corporation (NYSE:SYK) is set to report its second-quarter 2016 earnings results on Jul 21. Last quarter, the company reported earnings of $1.24 per share, which beat the Zacks Consensus Estimate by four cents (3.3%).
Notably, Stryker posted a positive earnings surprise of 2.04% on average over the last four quarters.
Let’s see how things are shaping up prior to this announcement.
Factors at Play
Stryker’s expanding product portfolio is the key catalyst. We believe that strong growth momentum at the Trauma & Extremities, Spine and Neurotechnology businesses will drive top-line growth.
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