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Sep 30, 2020
Stryker Q3 2020 Earnings Report
Returned to growth and delivered strong adjusted earnings and cash flow despite a challenging environment.
Key Takeaways
Stryker reported a 4.2% increase in net sales to $3.7 billion for the third quarter of 2020. Organic net sales increased by 3.3%. Reported EPS increased 32.5% to $1.63, and adjusted EPS increased 12.0% to $2.14.
Reported net sales increased 4.2% to $3.7 billion.
Organic net sales increased 3.3%.
Reported operating income margin of 23.0%.
Adjusted operating income margin expanded 260 bps to 28.0%.
Revenue by Segment
Forward Guidance
Due to the uncertain scope and duration of the pandemic, and uncertain timing of global recovery and economic normalization, we are unable to estimate the overall impacts on our operations and financial results, which could be material. Accordingly, we will not be providing fourth quarter or full-year organic sales growth or earnings guidance for 2020.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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