Earnings from Stryker and Danaher

After the close yesterday, Stryker (SYK) reported earnings of 66 cents a share, which was a 20% jump over last year. For 2008, the company forecasts earnings-per-share of $2.88. That means the stock is going for a P/E of 23.2. Stryker finished its seventh straight year of double-digit sales growth.
Danaher (DHR) reported earnings of $1.12 a share (excluding charges), which also matched expectations. The company expects Q1 EPS of 84 cents to 89 cents, and $4.30 to $4.40 for all 2008. That gives them a P/E of about 17.

Posted by on January 24th, 2008 at 9:39 am


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