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Mar 31, 2020
Stryker Q1 2020 Earnings Report
Stryker's Q1 2020 results were affected by the COVID-19 pandemic, but the company reported a net sales increase and earnings growth.
Key Takeaways
Stryker reported a 2.0% increase in net sales, reaching $3.6 billion. Despite the negative impact of the COVID-19 pandemic, the company's reported EPS increased by 19.3% to $1.30, and net earnings increased by 19.7% to $493 million.
Net sales increased by 2.0% to $3.6 billion.
Organic net sales increased by 2.4%.
Reported EPS increased by 19.3% to $1.30.
Net earnings of $493 million, an increase of 19.7%.
Revenue by Segment
Forward Guidance
Due to the uncertain scope and duration of the pandemic, and uncertain timing of global recovery and economic normalization, Stryker will not be providing second quarter or full-year organic sales growth or earnings guidance for 2020.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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