04:36 PM EDT, 10/29/2024 (MT Newswires) -- Stryker (SYK) reported Q3 adjusted earnings late Tuesday of $2.87 per diluted share, up from $2.46 a year earlier.

Analysts polled by Capital IQ expected $2.77.

Net sales in the three months ended Sept. 30 rose to $5.49 billion from $4.91 billion a year earlier.

Analysts surveyed by Capital IQ expected $5.37 billion.

The company expects 2024 adjusted net earnings of $12 to $12.10 a share versus the previous forecast of $11.90 to $12.10.

Analysts surveyed by Capital IQ expect $12.01.

The company expects full-year organic net sales growth of 9.5% to 10% versus the previous forecast of 9% to 10%. Analysts polled by Capital IQ expect revenue of $22.4 billion, if comparable.

Shares of the company rose 2.5% in recent after-hours activity.

Price: 368.13, Change: +9.12, Percent Change: +2.54