Stryker (NYSE:SYK) reported its Q1 earnings results on Thursday, April 28, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Stryker beat estimated earnings by 1.03%, reporting an EPS of $1.97 versus an estimate of $1.95.

Revenue was up $322.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 1.25% increase in the share price the next day.

Here's a look at Stryker's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Stryker management provided guidance for FY 2022, expecting earnings between $9.6 and $9.6 per share.

To track all earnings releases for Stryker visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.