NYSE$SYK
Stryker Corp · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Stryker's Q2 2020 results were negatively impacted by COVID-19, with net sales decreasing by 24.3% and a reported EPS loss of $0.22.
Stryker's Q2 2020 results were significantly impacted by the COVID-19 pandemic, leading to a 24.3% decrease in reported net sales to $2.8 billion. The company reported a net loss of $83 million, or $0.22 per diluted share, but adjusted EPS was $0.64. Due to the uncertain scope and duration of the pandemic, Stryker is not providing third quarter or full-year organic sales growth or earnings guidance for 2020.
- Reported net sales decreased 24.3% to $2.8 billion.
- Organic net sales decreased 24.0%.
- Reported EPS decreased 117.5% to ($0.22).
- Adjusted EPS decreased 67.7% to $0.64.
Headline financials
Revenue & EPS history
Stryker · Revenue · Quarterly
$2.76B
Revenue by segment
Stryker · $894M total across 1 segment · Q2 2020
- Orthopaedics$894M-29.8%100.0%
Forward guidance
Due to the uncertain scope and duration of the pandemic, and uncertain timing of global recovery and economic normalization, Stryker is unable to estimate the overall impacts on our operations and financial results, which could be material. Accordingly, Stryker will not be providing third quarter or full-year organic sales growth or earnings guidance for 2020.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+0.7%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+1.7%
Avg return
30 days after
58%
42 / 73 earnings
Positive
+11.8%
Q4 2022
Best reaction
-6.3%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.4% | -7.2% | -3.0% | |
| Q4 2025 | +2.6% | +1.8% | +9.4% | |
| Q3 2025 | -3.0% | -3.1% | +0.6% | |
| Q2 2025 | +0.0% | -0.4% | +3.6% | |
| Q1 2025 | +1.0% | +2.7% | +2.3% | |
| Q4 2024 | -2.2% | -2.2% | -2.8% | |
| Q3 2024 | +2.1% | +3.1% | +9.0% | |
| Q2 2024 | -1.7% | -0.5% | +7.4% | |
| Q1 2024 | -3.2% | -3.1% | +0.5% | |
| Q4 2023 | +6.7% | +8.8% | +11.0% | |
| Q3 2023 | +1.5% | +1.1% | +9.5% | |
| Q2 2023 | +3.3% | +2.8% | +3.6% | |
| Q1 2023 | -1.9% | -5.0% | -8.0% | |
| Q4 2022 | +11.8% | +13.5% | +5.0% | |
| Q3 2022 | -4.0% | -8.0% | +2.0% | |
| Q2 2022 | +5.1% | +6.6% | +7.5% | |
| Q1 2022 | -3.2% | -4.5% | -5.1% | |
| Q4 2021 | +0.1% | +0.1% | +7.1% | |
| Q3 2021 | -0.9% | +1.5% | -9.3% | |
| Q2 2021 | +2.0% | +2.8% | +2.9% | |
| Q1 2021 | -2.1% | -1.0% | -4.1% | |
| Q4 2020 | -3.4% | -4.8% | +2.0% | |
| Q3 2020 | -1.4% | +1.6% | +13.6% | |
| Q2 2020 | -4.0% | -6.0% | -1.6% | |
| Q1 2020 | -6.3% | -2.5% | +1.6% | |
| Q4 2019 | -1.8% | -1.8% | -9.2% | |
| Q3 2019 | +1.6% | -0.4% | -4.1% | |
| Q2 2019 | +0.4% | +0.0% | +0.2% | |
| Q1 2019 | +1.6% | +3.4% | +1.3% | |
| Q4 2018 | +10.7% | +9.5% | +16.4% | |
| Q3 2018 | -1.7% | -0.7% | +1.0% | |
| Q2 2018 | -2.7% | -3.2% | -3.0% | |
| Q1 2018 | +3.2% | +2.2% | +5.1% | |
| Q4 2017 | -2.6% | -3.9% | -5.6% | |
| Q3 2017 | +6.4% | +3.1% | +3.0% | |
| Q2 2017 | +1.4% | +1.5% | -4.0% | |
| Q1 2017 | +1.3% | +1.4% | +4.8% | |
| Q4 2016 | -0.2% | +3.3% | +3.6% | |
| Q3 2016 | +4.0% | +4.5% | +2.7% | |
| Q2 2016 | -4.4% | -4.8% | -7.0% | |
| Q1 2016 | -0.4% | — | — | |
| Q4 2015 | +4.4% | — | — | |
| Q3 2015 | -5.4% | — | — | |
| Q2 2015 | +2.5% | — | — | |
| Q1 2015 | +3.3% | — | — | |
| Q4 2014 | +0.2% | — | — | |
| Q3 2014 | +1.0% | — | — | |
| Q2 2014 | -0.2% | — | — | |
| Q1 2014 | -1.1% | — | — | |
| Q4 2013 | -1.0% | — | — | |
| Q3 2013 | +2.7% | — | — | |
| Q2 2013 | +2.2% | — | — | |
| Q1 2013 | +1.1% | — | — | |
| Q4 2012 | +2.8% | — | — | |
| Q3 2012 | +0.3% | — | — | |
| Q2 2012 | -2.9% | — | — | |
| Q1 2012 | +2.2% | — | — | |
| Q4 2011 | -0.0% | — | — | |
| Q3 2011 | -2.9% | — | — | |
| Q2 2011 | -0.3% | — | — | |
| Q1 2011 | +0.2% | — | — | |
| Q4 2010 | +1.9% | — | — | |
| Q3 2010 | +2.3% | — | — | |
| Q2 2010 | -0.7% | — | — | |
| Q1 2009 | -1.1% | — | — | |
| Q1 2010 | +0.2% | — | — | |
| Q4 2009 | +1.9% | — | — | |
| Q4 2007 | +1.9% | — | — | |
| Q3 2008 | +2.9% | — | — | |
| Q3 2009 | +2.9% | — | — | |
| Q2 2009 | +5.1% | — | — | |
| Q2 2008 | +5.1% | — | — | |
| Q4 2008 | +5.1% | — | — |
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