KALAMAZOO (AP) - Stryker Corp. reported earnings of $692 millions for the third quarter.
The Kalamazoo-based company reported a net profit of $1.80 per shares. The adjusted earnings per share, after amortization costs and tax expenses, were $2.46.
The results exceeded Wall Street's expectations. Zacks Investment Research surveyed 13 analysts and the average estimate was $2.44 per share.
The company also exceeded Street expectations, posting revenue of $4.91 Billion in the quarter. Zacks surveyed 11 analysts who expected $4.88billion.
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