Stryker shares up 4.9% after exceeding earning expectations: 4 notes

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After beating analysts estimates by $0.02, Stryker was up 4.9 percent at market close Friday, Baseball News Source reports.

Here's what you should know.

 

1. Analysts projected $1.37 earnings per share in the third quarter. Stryker posted $1.39 earnings per share.

 

2. Stryker had $2.83 billion in revenue, a 23.96 percent return on net equity and a 15.24 percent net margin.

 

3. Quarterly revenue was up 17.1 percent on a year-over-year basis.

 

4. When it comes to market analysts, 12 gave Stryker a "buy" rating, nine a "hold" rating and three rated it as a "sell."

 

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