Stryker Q4 2019 Earnings Report
Key Takeaways
Stryker reported an 8.8% increase in net sales, reaching $4.1 billion, and an 8.0% rise in organic net sales for Q4 2019. The adjusted EPS increased by 14.2% to $2.49, surpassing the high end of the guidance range. The company's performance was driven by growth across all business segments and geographies, contributing to an excellent finish to the year.
Net sales increased by 8.8% to $4.1 billion.
Organic net sales grew by 8.0%.
Adjusted operating income margin expanded by 80 bps to 28.3%.
Adjusted EPS increased by 14.2% to $2.49, exceeding guidance.
Stryker
Stryker
Stryker Revenue by Segment
Stryker Revenue by Geographic Location
Forward Guidance
Stryker anticipates organic net sales growth to be between 6.5% and 7.5% in 2020, with adjusted net earnings per diluted share expected to range from $9.00 to $9.20. For the first quarter of 2020, the company projects adjusted net earnings per diluted share to be in the range of $2.05 to $2.10.
Revenue & Expenses
Visualization of income flow from segment revenue to net income