Aug. 1 at 2:17 PM
$SYK beats Q2 estimates but drops 5.8% after-hours. What gives? 🤔
📈 Adjusted EPS of
$3.13 surpassed the Zacks Consensus Estimate of
$3.06, with an 11.4% YoY increase.
📊 Revenue hit
$6.02B, up 11.1% YoY at constant currency, driven by strong product demand.
Despite raising 2025 guidance, market sentiment turned bearish.
Full breakdown here 👉 https://www.zacks.com/stock/news/2648692/syk-stock-falls-despite-q2-earnings-sales-beat-25-view-up?cid=sm-stocktwits-2-2648692-body-5314&ADID=SYND_STOCKTWITS_TWEET_2_2648692_BODY_5314