04:43 PM EDT, 04/30/2024 (MT Newswires) -- Stryker (SYK) reported Q1 adjusted earnings late Tuesday of $2.50 per diluted share, up from $2.14 a year earlier.

Analysts polled by Capital IQ expected $2.36.

Net sales in the quarter ended March 31 rose to $5.24 billion from $4.78 billion a year earlier.

Analysts surveyed by Capital IQ expected $5.11 billion.

The company boosted 2024 adjusted diluted EPS guidance to $11.85 to $12.05 from $11.70 to $12.

Analysts polled by Capital IQ expect $11.85.

Shares of Stryker fell 2.2% in after-hours activity.

Price: 328.99, Change: -7.51, Percent Change: -2.23