Stryker Trims Full-year Profit Outlook
Stock quotes in this article:
SYK
KALAMAZOO (AP) Implant maker Stryker Corp. reduced its full-year earnings forecast on Tuesday, saying it now expects between $2.90 and $3 per share, excluding one-time items.
Previously, the company expected $3.12 to $3.22 per share. The new outlook still reflects an increase of 2 percent to 6 percent over 2008 results. Analyst surveyed by Thomson Reuters, whose estimates typically exclude one-time items, expect $2.94 per share, on average. The company said Tuesday its third-quarter earnings fell 16 percent due to restructuring charges. Shares rose $1.47, or 3.2 percent, to $46.75 in after hours trading.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
Connect with TheStreet
 |
 |
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.40 |
Oil *
77.06
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
UP
0.09
|
10 Yr
3.24%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
+0.28%
|
Data delayed 20 minutes |
