Stryker's Q4 Earnings: A Preview


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Stryker (NYSE:SYK) announces its next round of earnings Tuesday. Here is Benzinga's everything-that-matters guide for today's Q4 earnings announcement.

Earnings and Revenue

Wall Street analysts see Stryker reporting earnings of $1.95 on sales of $3.39 billion.

Stryker EPS in the same period a year ago totaled $1.78. Sales were $3.1 billion. If the company were to match the current consensus estimate when it reports Tuesday, sales would be up 7.38 percent from the year-ago period.

In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

 

Quarter Q3 2017 Q2 2017 Q1 2017
EPS Estimate 1.5 1.51 1.42
EPS Actual 1.52 1.53 1.48

 

Q4 EPS Estimate: $1.95
Q4 Revenues Estimate: $3 billion

Stock Performance

Shares of Stryker are trading at $167.80. Over the last 52-week period, shares are up 39.79 percent. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.

Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The average rating by analysts on Stryker stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Stryker's Q4 is scheduled to hold a conference call at 4:30 p.m. ET and it can be accessed here: https://edge.media-server.com/m6/p/6bjqbxxj


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: EarningsNewsPreviewsTrading IdeasEarnings Previews